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Quotes & Info
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| HBNC > SEC Filings for HBNC > Form 8-K on 16-Oct-2012 | All Recent SEC Filings |
16-Oct-2012
Other Events, Financial Statements and Exhibits
On October 16, 2012, the Board of Directors of Horizon Bancorp (the "Company") declared a three-for-two stock split to be effected in the form of a stock dividend on the Company's common stock, no par value. Shareholders of record as of the close of business on October 29, 2012, the record date, will receive an additional half share for each share of common stock held. Shareholders will receive cash in lieu of any fractional share of common stock that they otherwise would have been entitled to receive in connection with the split, except that participants in the Company's Dividend Reinvestment and Stock Purchase Plan will have fractional shares credited to their accounts. The price paid for fractional shares will be based on the average closing price of a share of common stock as reported on the NASDAQ Global Market for the five days immediately prior to the record date. The additional shares issued in the stock split will be issued on November 9, 2012.
Additional information about the split is included in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K.
(d) Exhibits
Exhibit No. Description
99.1 Press release issued on October 16, 2012
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