FOODARAMA SUPERMARKETS TO BUY BACK $3 MILLION IN STOCK

FREEHOLD, N.J. -- Foodarama Supermarkets here said it intends to repurchase shares of its common stock valued at $3 million in an attempt to enhance shareholder value by providing liquidity to its shareholders. f $963,000, an increase of 187%.For the six-month period sales were $462.5 million, an increase of 9.3%. Net income for the period rose 90% to $2.1 million, and same-store sales increased 3.2%.

FREEHOLD, N.J. -- Foodarama Supermarkets here said it intends to repurchase shares of its common stock valued at $3 million in an attempt to enhance shareholder value by providing liquidity to its shareholders.

f $963,000, an increase of 187%.

For the six-month period sales were $462.5 million, an increase of 9.3%. Net income for the period rose 90% to $2.1 million, and same-store sales increased 3.2%.

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