REGIONAL BANKSHARES INC

price = USD 13.5-16.5...y common dividends during the next five years. 37 Table of Contents Howe Barnes calculated that a range of price for our common stock implied by the dividend discount analysis was between $13.50 and $16.50 per share. Howe Barnes acknowledged that the dividend discount often yields the widest range of values as a result of the number of assumptions necessary to employ this model. The dividend discount analysis is illustrated below:...

threshold = 631...holder who owns 126 or fewer shares of Regional common stock as of the effective date of the Reorganization will not have any rights as a Regional shareholder and will have only the right to receive cash as provided under the Plan, and each record shareholder who owns more than 126 shares but fewer than 631 shares of record as of the effective date of the Reorganization will not have any rights as a common shareholder and will instead have the rights of a Series A Preferred shareholder. Exchange of Stock Certificates for Cash or Series A Preferred Stock. The Letter of Transmittal will provide the means by which shareholders will surrender their Re...

txn_type = CONSOLIDATION...hares and the potential increase in earnings per share and reduction in shareholder-servicing expenses that would likely result from a reduction in the total number of shareholders of record and outstanding shares of common stock and common stock equivalents. Reverse Stock Split. The board considered declaring a reverse stock split at a ratio of 1-for-631, with cash payments to shareholders who would hold less than a whole share on a post-split basis. This alternative would also have the effect of reducing the number of shareholders, but would require us either to account for outstanding fractional shares after...