Virginia Commerce Bancorp, Inc. Approves Increase in Number of Authorized Shares
01 Mai 2006 - 8:30PM
Business Wire
Virginia Commerce Bancorp, Inc.(Nasdaq:VCBI), announced that at the
Annual Meeting of Shareholders held on April 26, 2006, the
shareholders approved an amendment to the Articles of Incorporation
of the Company increasing the number of authorized shares of common
stock to 50 million. As a result, the condition to payment of the
previously declared 3-for-2 stock split in the form of a 50% stock
dividend, has been satisfied. The stock dividend is payable on May
12, 2006, to shareholders of record as of the close of business on
April 28, 2006. Virginia Commerce Bancorp, Inc. is the parent bank
holding company for Virginia Commerce Bank (the "Bank"), a Virginia
state chartered bank that commenced operations in May 1988. The
Bank pursues a traditional community banking strategy, offering a
full range of business and consumer banking services through
nineteen branch offices, two residential mortgage offices and one
investment services office, principally to individuals and small to
medium-size businesses in Northern Virginia and the Metropolitan
Washington, D.C. area.
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