other material
confidence high
sentiment neutral
materiality 0.25
Capital City Bank Group amends DRIP to eliminate optional stock purchases, move to open market
CAPITAL CITY BANK GROUP INC
- Board adopted Amended and Restated Dividend Reinvestment Plan on March 20, 2024.
- DRIP eliminates optional stock purchases; limited to dividend reinvestments only.
- Shares will be purchased in open market by transfer agent; company receives no proceeds.
- Outdated or unnecessary provisions removed; participants only reinvest dividends on record shares.
- Dividend rate and payment schedule unchanged; no impact on shareholder distributions.