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First Community Bancshares, Inc.
First Community Bancshares Announces Common Stock Offering
June 20th, 2009
First Community Bancshares, Inc. (NASDAQ:FCBC) (www.fcbinc.com) (“First Community”) announced its intention to commence a public offering of approximately $50 million of its common stock. The shares will be issued pursuant to a prospectus supplement filed as part of an existing shelf registration statement filed with the Securities and Exchange Commission (“SEC”) on Form S-3 (File No. 333-153692). First Community expects to use the net proceeds from this offering for general corporate purposes which may include, among other uses, support for organic and opportunistic acquisition-based growth, as well as the repurchase of the preferred stock issued to the U.S. Department of the Treasury...
Source: Law & Health Weekly (2009-06-20)
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