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  • seth687 seth687 Oct 21, 2004 4:32 PM Flag

    5% Stock Dividend?

    Will they be doing that again this November?

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    • Form 8-K for COMMERCE BANCSHARES INC /MO/


      --------------------------------------------------------------------------------

      25-Oct-2004

      Other Events

      Item 8.01 Other Events
      On October 22, 2004 Commerce Bancshares, Inc. issued a Press Release announcing actions taken by its Board of Directors in addition to the declaration of a regular quarterly dividend. The Board of Directors approved a 5% stock dividend to be distributed December 13, 2004 to shareholders of record on November 29, 2004 and also authorized the purchase of an additional 4,296,580 shares of the Company's stock which takes the authorization to a total of 5,000,000 shares.

      The Board also determined, pursuant to the Company's By-laws, to maintain the Board at twelve directors and thereby eliminate the vacancy created by the recent retirement of Mr. L.W. Stolzer.

 
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