Capital City Bank Group Enters Material Definitive Agreement
Ticker: CCBG · Form: 8-K · Filed: Mar 21, 2024 · CIK: 726601
Sentiment: neutral
Topics: material-definitive-agreement, financial-statements
Related Tickers: CCBG
TL;DR
CCBG signed a big deal, details to come.
AI Summary
Capital City Bank Group, Inc. announced on March 20, 2024, that it entered into a Material Definitive Agreement. The filing also includes financial statements and exhibits related to this agreement. Specific details of the agreement and its financial implications are not provided in this summary document.
Why It Matters
This filing indicates a significant new contract or partnership for Capital City Bank Group, which could impact its future financial performance and strategic direction.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, but the lack of specific details about the agreement's nature and terms introduces uncertainty.
Key Players & Entities
- Capital City Bank Group, Inc. (company) — Registrant
- March 20, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the Material Definitive Agreement entered into by Capital City Bank Group, Inc.?
The filing states that Capital City Bank Group, Inc. entered into a Material Definitive Agreement on March 20, 2024, but does not specify the details of the agreement.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on March 20, 2024.
What is the principal executive office address for Capital City Bank Group, Inc.?
The principal executive offices are located at 217 North Monroe Street, Tallahassee, Florida 32301.
What is the IRS Employer Identification Number for Capital City Bank Group, Inc.?
The IRS Employer Identification Number for Capital City Bank Group, Inc. is 59-2273542.
What are the filing items mentioned in this 8-K report?
The filing items mentioned are 'Entry into a Material Definitive Agreement' and 'Financial Statements and Exhibits'.
Filing Stats: 543 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-03-21 16:18:17
Key Financial Figures
- $0.01 — ch registered Common Stock, Par value $0.01 CCBG Nasdaq Stock Market, LLC Indic
Filing Documents
- i24130_ccbg-8k.htm (8-K) — 25KB
- i24130_ex10-1.htm (EX-10.1) — 84KB
- logo.jpg (GRAPHIC) — 3KB
- 0001171200-24-000071.txt ( ) — 299KB
- ccbg-20240320.xsd (EX-101.SCH) — 3KB
- ccbg-20240320_lab.xml (EX-101.LAB) — 33KB
- ccbg-20240320_pre.xml (EX-101.PRE) — 22KB
- i24130_ccbg-8k_htm.xml (XML) — 3KB
01. Entry Into a Material Definitive Agreement
Item 1.01. Entry Into a Material Definitive Agreement. On March 20, 2024, the Board of Directors of Capital City Bank Group, Inc. (the "Company") adopted the Company's Amended and Restated Dividend Reinvestment Plan, which updates the Company's existing Dividend Reinvestment and Optional Stock Purchase Plan (the "DRIP") to (1) eliminate optional stock purchases and limit the DRIP to dividend reinvestments, (2) modify the DRIP so that DRIP participants will only be able to receive shares purchased on the open market by the Company's transfer agent, and (3) remove and/or amend provisions that are outdated or no longer necessary. The description above is only a summary of certain of the material provisions of the DRIP and is qualified in its entirety by reference to the text of the DRIP, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Item No. Description of Exhibit 10.1 Amended and Restated Dividend Reinvestment Plan.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CAPITAL CITY BANK GROUP, INC. Date: March 21, 2024 By: /s/ Jeptha E. Larkin Jeptha E. Larkin, Executive Vice President and Chief Financial Officer EXHIBIT INDEX Exhibit Number Description 10.1 Amended and Restated Dividend Reinvestment Plan.