First Farmers Financial announces two-for-one stock split effective June
First Farmers Financial Corp. (OTCQX: FFMR) announced its board of directors declared a two-for-one stock split of the company's common stock, to be executed as a stock dividend.
The stock split will be payable June 15, 2026, to shareholders of record as of June 8, 2026. Computershare will distribute the additional shares as the company's transfer agent.
The company currently has 6,930,815 shares of common stock outstanding. Following the split, outstanding shares will increase to approximately 13,861,630 shares, subject to subsequent share repurchases and other activity.
First Farmers Financial Corp., based in Converse, Indiana, is the parent company of First Farmers Bank & Trust. The stock split does not affect the company's market capitalization, shareholders' proportional ownership interests, or voting rights, according to the company's statement.
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