Capital City Bank Group, Inc. announces an Equity Buyback for 750,000 shares, representing 4.5% of its issued share capital.
January 01, 2019 at 02:35 am IST
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Capital City Bank Group, Inc. (NasdaqGS:CCBG) announces a share repurchase program Under the program, Capital City will repurchase up to 750,000 shares of its common stock, representing 4.5% of its issued and outstanding shares. As of January 31, 2019, the company has approximately 16,800,000 shares in issue and outstanding. The plan is valid for 5 years.
Capital City Bank Group, Inc. is a financial holding company. The Company provides a full range of banking and banking-related services to individual and corporate clients through its wholly owned subsidiary, Capital City Bank (the Bank). The Company provides two principal services include Banking Services and Wealth Management Services. It provides a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. The Company offers its customers access to retail investment products through LPL Financial under, which retail investment products would be offered through LPL. The Bank has approximately 63 banking offices and 103 automated teller machines ATMs/ interactive teller machines (ITMs) in Florida, Georgia, and Alabama.