No Deal To Sell Bank
FAYETTEVILLE OPERATION TO REMAIN INDEPENDENT
Posted: November 24, 2011 at 5:34 a.m.
The Bank of Fayetteville will remain an independent community bank but entertained recent offers to sell.
FAST FACTS
Bank Of Fayetteville
• Bank of Fayetteville is owned by Bankshares of Fayetteville and its few hundred shareholders.
• The stock trades on the over-the-counter market.
• The Initial Public Offering price was $25 per share June 5, 1987.
• Shareholders got a 5 percent stock dividend paid Nov. 11, 1992.
• The stock split 3-for-1 on Dec. 31, 1996.
• The stock traded as high as $70 in late 2008.
• Stock last traded Nov. 18 at $11 per share.
• In the past 52 weeks the bank’s share price has ranged from $14.10 to $5.10.
Source: OTCMarkets.com
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