SALT LAKE CITY, March 2, 2017 /PRNewswire/ -- Paul E.
Burdiss, chief financial officer of Zions Bancorporation (NASDAQ:
ZION), will make a presentation at the 2017 RBC Capital Markets
Financial Institutions Conference on Tuesday, March 7, 2017 at 12:55 p.m. ET. A live webcast of the presentation
may be accessed on the Zions Bancorporation website,
www.zionsbancorporation.com. The webcast will also be archived and
available on the website for 30 days.
Additionally, Zions announced today that in accordance with the
terms of the outstanding warrants to purchase common stock of Zions
issued in May and October of 2010 (NASDAQ: ZIONW), the exercise
price of the warrants has been reduced to approximately
$35.82 per share from approximately
$35.76 per share, and the warrant
share multiplier has been increased to approximately 1.0243 from
1.0227, effective as of February 16,
2017.
These adjustments resulted from the payment of a dividend on the
common stock of Zions in the amount of $0.08 per share paid on February 23, 2017, which is in excess of the
dividend threshold amount of $0.01
per share per quarter in the terms of the warrants, and a trailing
10-day average price of Zions' common stock prior to the
ex-dividend date of February 14,
2017. For further information, please see
zionsbancorporation.com, under the heading Stock Information –
Warrant Information.
Zions Bancorporation is one of the nation's premier financial
services companies with total assets exceeding $60 billion. Zions operates under local
management teams and unique brands in 11 western states:
Arizona, California, Colorado, Idaho, Nevada, New
Mexico, Oregon,
Texas, Utah, Washington and Wyoming. The company is a national leader in
Small Business Administration lending and public finance advisory
services, and is a consistent top recipient of Greenwich Excellence
awards in banking. In addition, Zions is included in the S&P
500 and NASDAQ Financial 100 indices. Investor information and
links to local banking brands can be accessed at
zionsbancorp.com.
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SOURCE Zions Bancorporation