Eagle Financial Services, Inc. Announces Stock Split
February 15 2006 - 4:32PM
PR Newswire (US)
BERRYVILLE, Va., Feb. 15 /PRNewswire-FirstCall/ -- The Board of
Directors of Eagle Financial Services, Inc. (OTC:EFSI) (BULLETIN
BOARD: EFSI) declared a two- for-one stock split of its common
stock on February 15, 2006, payable on March 15, 2006 to
shareholders of record as of March 1, 2006. After the stock split,
there will be 10,000,000 shares of common stock authorized and
approximately 3,069,704 shares outstanding. "This two-for-one stock
split indicates the Company's confidence in both its current and
long-term financial performance. We believe that this split will
also make the Company's common stock a more affordable investment
option for a larger group of investors," stated John R. Milleson,
President and CEO of Eagle Financial Services. Eagle Financial
Services, Inc. is the holding company for Bank of Clarke County,
whose divisions include Bank of Clarke County Trust Department and
Eagle Investment Services. Bank of Clarke County, which opened in
1881, operates ten full-service branches located in Clarke County,
Frederick County and The City of Winchester. This press release may
contain "forward-looking statements," as defined by federal
securities laws, which may involve significant risks and
uncertainties. The statements are based on estimates and
assumptions made by the Company in conjunction with other factors
it believes are appropriate in the circumstances. Actual results
could differ materially from those contained in or implied by such
statements. Consequently, all forward-looking statements made
herein are qualified by the cautionary language in the Company's
most recent Form 10-Q and other documents filed with the Securities
and Exchange Commission. DATASOURCE: Eagle Financial Services, Inc.
CONTACT: John Milleson, President and CEO, , or Jim McCarty, Vice
President and CFO, , both of Eagle Financial Services, Inc.,
+1-540-955-2510
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