Eagle Bancorp, Inc. Announces Stock Split and Cash Dividend
18 Mai 2006 - 12:15AM
PR Newswire (US)
BETHESDA, Md., May 17 /PRNewswire-FirstCall/ -- Eagle Bancorp, Inc.
(NASDAQ:EGBN), the parent company for EagleBank, today announced
the declaration of a 1.3 for 1 stock split in the form of a 30%
stock dividend in respect of its common stock. The stock dividend
is payable on July 5, 2006 to shareholders of record on June 14,
2006. As a result of the split, the number of outstanding shares of
Eagle Bancorp's common stock will increase to approximately
9,422,000 shares. Eagle Bancorp also announced today the
declaration of its quarterly cash dividend, in the amount of $0.07
per share. The cash dividend will be payable on June 30, 2006 to
shareholders of record on June 13, 2006. Forward Looking
Statements. This press release contains forward looking statements
within the meaning of the Securities and Exchange Act of 1934, as
amended, including statements of goals, intentions, and
expectations as to future trends, plans, events or results of
Company operations and policies and regarding general economic
conditions. In some cases, forward-looking statements can be
identified by use of words such as "may," "will," "anticipates,"
"believes," "expects," "plans," "estimates," "potential,"
"continue," "should," and similar words or phrases. These
statements are based upon current and anticipated economic
conditions, nationally and in the Company's market, interest rates
and interest rate policy, competitive factors, and other conditions
which by their nature, are not susceptible to accurate forecast and
are subject to significant uncertainty. Because of these
uncertainties and the assumptions on which this discussion and the
forward- looking statements are based, actual future operations and
results in the future may differ materially from those indicated
herein. Readers are cautioned against placing undue reliance on any
such forward-looking statements. The Company's past results are not
necessarily indicative of future performance. DATASOURCE: Eagle
Bancorp, Inc. CONTACT: Ronald D. Paul of Eagle Bancorp, Inc.,
+1-301-986-1800 Web site: http://www.eaglebankmd.com/
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