Lyons Bancorp Inc., the parent financial holding company of The Lyons National Bank (LNB), announced today that the Company’s Board of Directors approved a 2-for-1 split of the Company’s common stock.
Shareholders of record at the close of business on November 30, 2026, without surrender of any certificates for their currently held shares, will receive one additional share for every one share held. The stock split will be effective with the close of business on December 15, 2026. Following the stock split, the Company will have approximately 6.8 million shares outstanding.
“This is the fifth time we have split our shares, the last being in October 2015, said Thomas L. Kime, President and Chief Executive Officer. “Based on its current trading price of $72 per share, the Board’s action moves the per-share price into the mid-$30 range making the company’s stock more accessible to a broader range of investors.”
Lyons Bancorp, Inc. is a publicly owned company, and its common shares trade on the OTCQX Best Market under the stock symbol LYBC.
