SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
DATE OF REPORT: October 6, 2004
CCA Industries, Inc.
(Exact Name of Registrant as Specified in Charter)
DELAWARE
(State or other jurisdiction of incorporation or organization)
2-85538-B
(Commission File Number)
04-2795439
(IRS Employer Identification Number)
200 Murray Hill Parkway, East Rutherford, New Jersey 07073
(Address of principal executive offices, zip code)
(201) 330-1400
(Registrant's telephone number including area code)
Item 5. Other Events and Regulations FD Disclosure.
On October 5, 2004 the Company agreed to use its record free
cash flow to purchase in a private transaction an aggregate of
500,000 shares of the Company's common stock from David Edell
and Ira W. Berman, the Company's founders. The purchase price
was $8.99, the closing price of the shares on the American Stock
Exchange October 4, 2004. The purchase decreased the number of
shares outstanding from 7,406,086 to 6,906,086.
A copy of the News Release released to the public on October
6, 2004 is annexed hereto as Exhibit A.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934,
the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Dated: October 6, 2004
CCA Industries, Inc.
Registrant
By: Ira W. Berman
Ira W. Berman, Secretary
EXHIBIT A
Company Contact:
Ira W. Berman
Chairman
800 524-2720
FOR IMMEDIATE RELEASE
CCA INDUSTRIES, INC. TO REPURCHASE AN AGGREGATE OF 500,000 SHARES.
East Rutherford, NJ: OCTOBER 6, 2004 CCA Industries, Inc. (AMEX - CAW)
Reaffirming its commitments to enhance shareholders' value, CCA
Industries, Inc. has agreed to use a portion of its record free
cash flow to fund the purchase of an aggregate of 500,000 shares
of common stock in a private transaction from its two founders,
David Edell and Ira W. Berman. The purchase price of the shares
was $8.99 per share, the closing price on the American Stock
Exchange on October 4, 2004. The closing price on October 5,
2004 was $9.18 per share.
"The purchase was the best use of the Company's free cash flow
decreasing the Company's outstanding shares from 7,406,086 to
6,906,086 thus increasing earnings per share, not affecting the
market float of its shares on the American Stock Exchange, and
eliminating the payments of cash and stock dividends on the
shares being purchased." stated Stanley Kreitman, Director and
Co-Manager of the Company's investment portfolio.
"Both David and I started the Company in 1983 and now have
decided to sell some of our shares privately without placing a
burden on the market price of the Company's stock, in order for
us to begin to diversify our personal estates. We each continue
to hold a significant position in the Company's stock." stated
Ira W. Berman, Chairman of the Board of Directors.
CCA recently announced its record nine month earnings increase
to $0.67, fully diluted from $0.59. It also recently announced
the introduction of a new Denise Austin Skin Care Line expected
to be on the shelves in January.
CCA Industries, Inc. manufactures and markets health and beauty
aids, each under its individual brand name. The products
include, principally, "PlusWhite" toothpastes and teeth whiteners,
"Sudden Change" anti-aging skin care products and "Scar Zone",
"Nutra Nail" nail growth treatments, "Mega" Green Tea diet aids,
"Hair Off" hair removal and depilatories, "Bikini Zone" medicated
creme and gel for the bikini area, "Solar Sense" sun protection
products, and "Cherry Vanilla" Perfume.
Statements contained in the news releases that are not
historical facts are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are subject to risks and
uncertainties, which would cause actual results to differ
materially from estimated results. Such risks and
uncertainties are detailed in the Company's filings with the
Securities and Exchange Commission.