Bank ozk announces pricing of $350 million of 4.625% series a non-cumulative perpetual preferred stock and increase in stock repurchase program

Little rock, ark., oct. 28, 2021 (globe newswire) -- bank ozk (the “bank”) (nasdaq: ozk) today announced the pricing of a public offering of 14,000,000 shares of its 4.625% series a non-cumulative perpetual preferred stock, par value $0.01 per share, and with a liquidation preference of $25 per share (the “series a preferred stock”). the offering is expected to close on or about november 4, 2021, subject to the satisfaction of customary closing conditions.
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