secwatch.observer — SEC 8-K summary
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Issuer:     TRICO BANCSHARES / (TCBK)
CIK:        0000356171
Form:       8-K
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0000356171-22-000023
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TriCo Bancshares completes merger with Valley Republic; issues ~4.1M shares; resumes buyback
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- Merger consideration: 0.95 TriCo shares per Valley share; total deal valued at ~$173.7M (excl. options).
- Combined company anticipates ~$10.1B total assets after the merger.
- TriCo issued ~4.1M shares; former Valley shareholders own ~12% of outstanding shares.
- Appoints Anthony L. Leggio, former Valley director, to TriCo and Tri Counties Bank boards.
- Resumes stock repurchase plan, authorizing up to 1,936,683 additional shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356171/000035617122000023/0000356171-22-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356171/000035617122000023/tcbk-20220328.htm
  HTML page:      https://secwatch.observer/filing/0000356171-22-000023

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