other material
confidence high
sentiment neutral
materiality 0.30
Orange County Bancorp adjusts stock split record date to Jan 8 due to market closure
Orange County Bancorp, Inc. /DE/
- Record date moved to Jan 8, 2025 because US markets close Jan 9 for National Day of Mourning.
- Each holder of common stock on Jan 8 receives one additional share after market close on Jan 10.
- Split-adjusted trading starts Jan 13; shares increase from ~5.7M to ~11.4M.
- Par value reduced from $0.50 to $0.25 per share via charter amendment.