American National Bankshares Inc. Announces Dividend and Continues Stock Repurchase Plan (PR...

Tuesday August 19, 4:30 pm ET DANVILLE, Va., Aug. 19 /PRNewswire-FirstCall/ -- At its meeting held today, August 19, 2008, the Board of Directors of American National Bankshares Inc. (Nasdaq: AMNB - News ), parent company of American National Bank and Trust Company, declared a quarterly cash dividend of $0.23 per share of common stock, payable September 19, 2008, to shareholders of record on September 5, 2008. At the same meeting, the Board of Directors also approved the extension of the Corporation's stock repurchase plan, to include the repurchase of up to 100,000 shares of its common stock between August 20, 2008 and August 18, 2009. Repurchases may be made through open market purchases or in privately negotiated transactions. Shares repurchased under the plan will be cancelled and retired. The Corporation initiated its... [read full story]