Carter Bankshares Launches Dividend Reinvestment And Stock Purchase Plan With Offering Of Up To 1M Shares To Existing Holders
The Plan provides enrolled participants with the opportunity to purchase additional shares of common stock through the reinvestment of dividends and through additional cash purchases.Shareholders may enroll in the Plan
Carter Bankshares is letting its shareholders buy more shares using their dividend payments (money the company pays them) or extra cash they want to invest. This is a normal way for companies to let owners grow their stakes.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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