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Article: Four Oaks Fincorp, Inc. Announces 10% Stock Dividend.
- Article from:
- Business Wire
- Article date:
- October 4, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FOUR OAKS, N.C. -- On October 3, 2007, the Board of Directors of Four Oaks Fincorp, Inc. (OTCBB: FOFN) approved a 10% stock dividend of the Corporation's common stock.
Currently, there are approximately 5.6 million shares of common stock outstanding. Following the stock dividend, Four Oaks Fincorp, Inc. will have approximately 6.2 million shares of common stock outstanding. The dividend is payable November 9, 2007 to shareholders of record on October 30, 2007.
Four Oaks Fincorp, Inc. is a bank holding company for Four Oaks Bank which operates thirteen banking offices in Four Oaks, Clayton, Smithfield, Garner, Benson, Fuquay-Varina, Wallace, Holly ...
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