Key Developments For Community Capital Corporation
Community Capital Corporation (CPBK.O) (Consolidated Issue listed on NASDAQ Global Market)
Community Capital Corporation Announces $20 Million Rights Offering
Community Capital Corporation announced that it is planning to commence a $20 million rights offering of common stock to its shareholders to improve its capital and liquidity position. Community Capital Corporation will be distributing non-transferable rights to subscribe for and purchase up to 7,272,727 shares of its common stock to common shareholders of record as of August 7, 2009 (the "Record Date"). Shareholders will be able to exercise their rights to purchase shares in the offering until 5:00 p.m., local time, on September 21, 2009. In the offering, each common shareholder will receive a right to purchase 1.603 shares of common stock, at a subscription price of $2.75 per share, for each share owned on the Record Date. Shareholders who exercise their basic subscription right will also be able to exercise an over subscription privilege. Community Capital Corporation intends to use the proceeds of the rights offering to capitalize its subsidiary, CapitalBank, and for other general corporate purposes.
Community Capital Corporation Suspends Cash Dividend
Community Capital Corporation announced that Board of Directors voted to suspend the payment of the quarterly cash dividend on the Company's common stock effective immediately.
Community Capital Corporation Announces Quarterly Cash Dividend
Community Capital Corporation announced that it has declared a quarterly cash dividend of $0.15 per share payable by March 6, 2009 to shareholders of record as of February 20, 2009.
Community Capital Corporation Announces Quarterly Cash Dividend
Community Capital Corporation announced that a quarterly cash dividend of $0.15 per share is payable by December 5, 2008, to shareholders of record as of November 21, 2008.
Community Capital Corporation Announces Quarterly Cash Dividend
Community Capital Corporation announced that it has declared a $0.15 dividend. The quarterly cash dividend of $0.15 per share is payable by September 5, 2008 to shareholders of record as of August 22, 2008.
