State Bank Financial Corporation (NASDAQ:STBZ) Files An 8-K Other Events
Item 8.01. Other Events
Financial Corporation (the “Company”) declared a quarterly
dividend of $.14 per common share to be paid on March 14, 2017 to
the common stock shareholders of record as of March 6, 2017. A
copy of the press release announcing the cash dividend is
attached to this Current Report on Form 8-K as Exhibit 99.1 and
is incorporated herein by reference.
trading plan for the purpose of purchasing up to 1,500,000 shares
of its common stock in accordance with the guidelines specified
in Rule 10b5-1 under the Securities Exchange Act of 1934, as
amended, for an additional year. The trading plan will now expire
on the earlier of (a) February 24, 2018, (b) the date on which
the maximum aggregate number of shares authorized to be
repurchased has been repurchased, or (c) after written notice by
the broker or the Company as specified in the trading plan.
Because repurchases made under the plan are subject to SEC
regulations as well as certain constraints specified in the plan,
there is no guarantee regarding the exact number of shares that
will be repurchased under the plan.
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to risks, uncertainties, and other
factors, such as the market price of our stock compared to the
price at which we have authorized our broker to repurchase our
shares. Although we believe that the assumptions underlying the
forward-looking statements are reasonable, any of the assumptions
could prove to be inaccurate. Therefore, we can give no assurance
that the results contemplated in the forward-looking statements
will be realized. The inclusion of this forward-looking
information should not be construed as a representation by our
company or any person that future events, plans or expectations
contemplated by our company will be achieved. We undertake no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future
events, or otherwise. See Item 1A, Risk Factors, in our Annual
Report on Form 10-K for the most recently ended fiscal year, for
a description of some of the other factors that may affect actual
outcomes.
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Exhibit No.
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Exhibit
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99.1
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Press Release issued by State Bank Financial
Corporation on February 8, 2017 regarding the announcement of a cash dividend. |
About State Bank Financial Corporation (NASDAQ:STBZ)
State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a Georgia-based state-chartered bank. The Company offers a range of community banking services to individuals and businesses within its markets. Its product line includes loans to small and medium-sized businesses (SMBs), residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mortgage loans, home equity loans, and consumer loans. It also offers a range of commercial and consumer demand, savings and time deposit products. The Company offers online banking and bill payment services, online cash management, safe deposit box, rentals, debit card and automatic teller machine (ATM) card services, and the availability of a network of ATMs for its customers. It operates over 25 full service banking offices. State Bank Financial Corporation (NASDAQ:STBZ) Recent Trading Information
State Bank Financial Corporation (NASDAQ:STBZ) closed its last trading session up +0.18 at 26.69 with 69,700 shares trading hands.
