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News Breaks
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November 18, 2009
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| 11:51 EDT |  | WABC |
| theflyonthewall.com: | Westamerica Bancorp redeems preferred stock | | Westamerica redeemed the remaining 41,863 shares Preferred Stock from the Treasury at $1,000 per share. This redemption will require a one-time after-tax charge of $517 thousand, equivalent to approximately 2c diluted EPS, to accelerate the accretion of the Preferred Stock discount. Quarterly Preferred Stock dividends and discount accretion will decline $553 thousand following the redemption, increasing quarterly EPS by approximately 2c. :theflyonthewall.com |
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February 6, 2012
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| 10:22 EDT |  | WABC |
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