COOP » Topics » Capital Stock

This excerpt taken from the COOP 10-K filed Mar 30, 2005.

Capital Stock

Cooperative Bankshares, Inc. stock is traded on the NASDAQ National Market under the symbol “COOP”. As of December 31, 2004, there were 4,291,115 shares held by 525 stockholders of record. On February 24, 2005, the Company paid a 3-for-2 stock split in the form of a 50% stock dividend. All references to per share results and shares outstanding have been adjusted to reflect the effects of this stock split. A $0.03 per share dividend was declared for four quarters in 2003. During 2004, $0.03 was paid in the first quarter and $0.05 for the three remaining quarters. Stock performance for 2004 and 2003 is given reflecting the effects of a 3-for-2 stock split in the form of a 50% stock dividend in the table below.

 

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