Stock split at Bank of Georgia
Stock split
at Bank of Georgia
The Board of Directors
of Georgia Bancshares, Inc. has declared a 25 percent stock split payable
on or about Aug. 20, to shareholders of record as of July 25.
"This
split will increase our number of outstanding shares, which will help
us to eventually increase the market of our common stock," said bank
President Pat Shepherd.
The bank also
plans to open its new Tyrone Branch office in August.
Georgia Bancshares,
Inc. is the holding company for The Bank of Georgia, a community banking
operation currently operating offices in Coweta and Fayette counties.
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