Key Developments For Simmons First National Corporation
Simmons First National Corporation (SFNC.O) (Nasdaq)
Simmons First National Corp. Announces Closing of $64.9 Million Common Stock Offering
Simmons First National Corp. announced that it has raised $64.925 million through its previously disclosed public offering by issuing 2,650,000 shares of its common stock. The net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses were approximately $61.4 million. The Company has granted the underwriters a 30-day option to purchase up to an additional 397,500 shares of the Company's common stock to cover over-allotments, if any. Stephens Inc. is serving as lead book-runner and Stifel, Nicolaus & Company, Incorporated is serving as joint book-runner for the offering.
Simmons First National Corp. Announces Pricing of Common Stock Offering
Simmons First National Corp. announced the pricing of an underwritten public offering of 2,650,000 shares of its common stock at a price to the public of $24.50 per share for gross proceeds of approximately $64.925 million. The net proceeds to the Company after deducting underwriting discounts and commissions and estimated offering expenses are expected to be approximately $61.4 million. The Company has granted the underwriters a 30-day option to purchase up to an additional 397,500 shares of the Company's common stock to cover over-allotments, if any. Stephens Inc. is serving as lead bookrunner and Stifel, Nicolaus & Company, Incorporated is serving as joint bookrunner for the offering. The Company expects to close the transaction, on or about November 17, 2009.
Simmons First National Corp. Announces Public Offering Of Common Stock
Simmons First National Corp. announced that it has commenced an underwritten public offering of approximately $65 million of its common stock. The underwriters will have a 30-day option to purchase up to an additional 15% of the offered amount of common stock from the Company, to cover over-allotments, if any. Stephens Inc. will serve as lead bookrunner. The shares will be issued pursuant to a prospectus supplement filed as part of a shelf registration statement previously filed with the Securities and Exchange Commission on Form S-3 and declared effective on September 9, 2009. The Company intends to use the net proceeds from this offering for general corporate purposes and possible future acquisitions of other financial services businesses, including possible FDIC-assisted acquisition.
Simmons First National Corp. Declares $0.19 Per Share Dividend
Simmons First National Corp. announced that its Board of Directors has declared a regular $0.19 per share quarterly cash dividend payable October 1, 2009, to shareholders of record September 15, 2009.
Simmons First National Corp. Declares $0.19 Per Share Dividend
Simmons First National Corp. announced that its Board of Directors has declared a regular $0.19 per share quarterly cash dividend payable July 1, 2009, to shareholders of record June 15, 2009.
