Carolina Fincorp, Inc. Announces Termination of Stock Repurchase Plan.Business Editors ROCKINGHAM, N.C.--(BUSINESS WIRE)--Dec. 23, 1999 R. Larry Campbell, President of Carolina Fincorp, Inc., Rockingham, North Carolina Rockingham is a city in Richmond County, North Carolina, United States. The population was 9,672 at the 2000 census. It is the county seat of Richmond CountyGR6. , (the Company) announced that the Company has terminated the stock repurchase plan stock repurchase plan 1. See buyback. 2. See self-tender. adopted by the Company earlier this year. The Company repurchased 34,000 shares pursuant to the plan between May 7, 1999 and May 13, 1999. On October 16, 1999, FNB FNB First National Bank FNB Food Not Bombs FNB Food and Nutrition Board (Institute of Medicine, National Academy of Sciences) FNB Food and Beverage (industry) FNB Front Nouveau de Belgique Corp. (Nasdaq: FNBN) and the Company entered into an Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which FNB will acquire Company subject to certain conditions described in a press release dated October 18, 1999. The Company's common stock is listed for quotation on the Nasdaq National Market under the symbol "CFNC CFNC College Foundation of North Carolina CFNC Coalescence Filtration Nanomaterials Consortium ". |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion