form8-k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): December 3, 2008 (December 2, 2008)


RITE AID CORPORATION
(Exact name of registrant as specified in its charter)
     
     
Delaware
1-5742
23-1614034
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
     
     
30 Hunter Lane, Camp Hill, Pennsylvania
17011
(Address of Principal Executive Offices)
(Zip Code)



Registrant's telephone number, including area code     (717) 761-2633


None
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
ITEM 8.01.        OTHER EVENTS.
 
On December 3, 2008, Rite Aid Corporation ("Rite Aid") issued a press release announcing that, at a special meeting of stockholders held on December 2, 2008, Rite Aid stockholders approved a reverse split of the company’s common stock at a split ratio of 1-for-10, 1-for-15 or 1-for-20, to be selected by Rite Aid's Board of Directors, and a reduction in the number of the company's authorized common shares. The exact timing for selection of the split ratio and the effective date of the split will be determined by the Rite Aid Board based upon its evaluation as to when such action will be most advantageous to the company and its stockholders. The reverse stock split, if implemented, would become effective upon the filing of a charter amendment with the Delaware Secretary of State. Rite Aid’s Board currently expects to select the split ratio and effect the reverse stock split by the end of the company’s fiscal year, which is February 28, 2009.
 
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
 

ITEM 9.01.        FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

99.1        Press Release, dated December 3, 2008.
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

   
RITE AID CORPORATION
         
         
Dated: December 3, 2008
  
By:
/s/ Robert B. Sari
     
Name:
Robert B. Sari
     
Title:
Executive Vice President,
       
General Counsel and Secretary
         

 

 
 
EXHIBIT INDEX

 
Exhibit No.
Description
  
 
99.1
Press Release, dated December 3, 2008.