Key Developments: CNB Financial Corporation Inc (CCNE.O)
16.73USD
21 May 2013
$0.01 (+0.06%)
$16.69
$16.77
$16.88
$16.65
6,184
14,977
$18.20
$14.24
Latest Key Developments (Source: Significant Developments)
CNB Financial Corporation Inc Announces Second Quarter Dividend
CNB Financial Corporation Inc announced the declaration of 16.5 cents per share quarterly dividend payable on June 14, 2013 to shareholders of record on June 1, 2013. Full Article
CNB Financial Corporation Inc Announces Acquisition Of FC Banc Corp
CNB Financial Corporation Inc announced that it has entered into a definitive agreement to acquire FC Banc Corp., and its subsidiary, The Farmers Citizens Bank (FC Bank) for $30.00 per share in cash and stock, or approximately $40.4 million in the aggregate. Headquartered in Bucyrus, Ohio, FC Banc Corp. had approximately $367.0 million in total assets and $34.2 million in shareholders' equity as of December 31, 2012, and had net income of $3.5 million for the year ended December 31, 2012. Under the terms of the definitive merger agreement, which has been approved by the Boards of Directors of both companies, shareholders of FC Banc Corp. will be entitled to receive either a fixed exchange of 1.754 shares of CNB common stock for each share of FC Banc Corp common stock, which is based on a 10-day average closing price of CNB common stock as of March 25, 2013 of $17.106 per share, or $30.00 per share in cash, with at least 80% of the consideration to be paid in the form of CNB common stock. Griffin Financial Group, LLC acted as financial advisor to CNB Financial Corporation, and Hogan Lovells US, LLP acted as legal counsel. FC Banc Corp. was advised by Boenning & Scattergood, Inc. and its legal counsel was Vorys, Sater, Seymour and Pease LLP. Full Article
CNB Financial Corporation Inc Announces First Quarter Dividend
CNB Financial Corporation Inc announced that the declaration of 16.5 cents per share quarterly dividend payable on March 15, 2013 to shareholders of record on March 1, 2013. Full Article
CNB Financial Corporation Inc Announces Fourth Quarter Dividend
CNB Financial Corporation Inc announced that the board of directors of has announced the declaration of $0.165 per share quarterly dividend payable on December 14, 2012 to shareholders of record on November 30, 2012. Full Article
CNB Financial Corporation Announces Third Quarter Dividend
CNB Financial Corporation announced the declaration of $0.165 per share quarterly dividend payable on September 14, 2012 to shareholders of record on August 31, 2012. Full Article
CNB Financial Corp. Announces Second Quarter Dividend
CNB Financial Corp. announced the declaration of $0.165 per share quarterly dividend payable on June 15, 2012 to shareholders of record on June 1, 2012. Full Article
CNB Financial Corp Announces First Quarter Dividend
CNB Financial Corp announced the declaration of $0.165 per share quarterly dividend payable on March 15, 2012 to shareholders of record on March 1, 2012. Full Article
CNB Financial Corp. Announces Fourth Quarter Dividend
CNB Financial Corp. announced the declaration of $0.165 per share quarterly dividend payable on December 15, 2011 to shareholders of record on December 1, 2011. Full Article
CNB Financial Corp. Announces Third Quarter Dividend
CNB Financial Corp. announced the declaration of $0.165 per share quarterly dividend payable on September 15, 2011 to shareholders of record on August 31, 2011. Full Article
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