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SMART & FINAL INC. DECLARES 3-FOR-2 STOCK SPLIT; REGULAR QUARTERLY CASH DIVIDEND ALSO DECLARED

 SANTA BARBARA, Calif., Dec. 2 ~PRNewswire~ -- The board of directors of Smart & Final Inc. (NYSE: SMF) declared a 3-for-2 stock split in the form of a 50 percent stock dividend to be issued and mailed on Feb. 5, 1993, to shareholders of record on Jan. 15, 1993. Cash will be paid in lieu of fractional shares.
 Chairman and Chief Executive Officer Robert J. Emmons stated that the special dividend was declared based on the company's strong operating performance and excellent financial condition.
 The board of directors also declared a regular quarterly cash dividend of 5 cents per share of the company's common stock payable Jan. 29, 1993, to shareholders of record Jan. 1, 1993. The cash dividend will be paid on pre-split shares held as of Jan. 1, 1993.
 Smart & Final operates 125 non-membership warehouse grocery stores in California, Arizona and Nevada and a broadline foodservice distributor in Northern California.
 -0- 12~2~92
 ~CONTACT: Leanne Reynolds of Smart & Final, (office) 213-584-9850 or (home) 213-465-7347~
 (SMF)


CO: Smart & Final ST: California IN: FOD REA SU: DIV

MS-JB -- LA005 -- 2747 12~02~92 08:30 EST
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Publication:PR Newswire
Date:Nov 30, 1992
Words:185
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