International Bancshares Corporation Announces Cash and Stock Dividends
04 4월 2007 - 12:59AM
Business Wire
International Bancshares Corporation (NASDAQ:IBOC) today announced
that the Board of Directors approved the declaration of a 35 cents
per share cash dividend, for shareholders of record as of the close
of business on April 16, 2007, payable on May 1, 2007. At the same
time, IBC announced the declaration of a 10 percent stock dividend
for all holders of Common Stock, $1.00 par value, of record on May
21, 2007, payable on June 8, 2007. �These dividends were made
possible because of the performance of IBC for 2006,� said Dennis
E. Nixon, Chairman and President of IBC. It is the inclination of
the Board to continue to declare these dividends. However, any
declaration of future dividends will depend upon IBC�s financial
position, acquisition opportunities, and general business
conditions at the time. IBC is a $10.9 billion multi-bank financial
holding company headquartered in Laredo, Texas, with more than 230
facilities and more than 360 ATMs serving more than 80 communities
in Texas and Oklahoma. �Safe Harbor� statement under the Private
Securities Litigation Reform Act of 1995: The statements contained
in this release which are not historical facts contain
forward-looking information with respect to plans, projections or
future performance of IBC and its subsidiaries, the occurrence of
which involve certain risks and uncertainties detailed in IBC�s
filings with the Securities and Exchange Commission. Copies of
IBC�s SEC filings and Annual Report (as an exhibit to the 10-K) may
be downloaded from the SEC filings site located at
http://www.sec.gov/edgar.shtml or IBC�s website at
http://www.ibc.com.
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