SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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PURSUANT TO SECTION 13 OR 15 (D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 3, 1996
INTERNATIONAL BANCSHARES CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Commission File Number 0-9439
TEXAS 74-2157138
(State or other Jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
1200 SAN BERNARDO, LAREDO, TEXAS 78040-1359
(Address of principal executive offices) (ZIP Code)
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) (210) 722-7611
NONE
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On April 3, 1996, International Bancshares Corporation issued a news
release announcing a fifty cents per share cash dividend and a 25% stock split
up effected through a stock dividend payable on its outstanding shares of common
stock. The news release, attached hereto and filed herewith as Exhibit 99, is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
c. Exhibits
The following exhibit is filed as part of this report:
(99) News release of International Bancshares
Corporation dated April 3, 1996.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INTERNATIONAL BANCSHARES CORPORATION
(Registrant)
By: /S/ DENNIS E. NIXON
DENNIS E. NIXON, President,
and Chief Executive Officer
Date: April 3, 1996
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EXHIBIT INDEX
Exhibit Page
NUMBER DESCRIPTION NUMBER
- ------- ----------- ------
99 News Release of International 5
Bancshares Corporation dated
April 3, 1996
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FOR IMMEDIATE RELEASE
CONTACT: Dennis E. Nixon
210/722-7611 (Laredo)
Bill West
210/805-0320 (San Antonio)
EXHIBIT 99
INTERNATIONAL BANCSHARES CORPORATION ANNOUNCES CASH DIVIDEND AND STOCK DIVIDEND
LAREDO, TEXAS, International Bancshares Corporation ("IBC") today
announced a cash dividend on its outstanding shares of common stock of $.50 per
share for shareholders of record as of April 3, 1996, payable on April 15, 1996.
IBC also announced a twenty-five percent (25%) stock split-up effected through a
stock dividend on its outstanding shares of common stock for shareholders of
record as of May 17, 1996, payable on June 7, 1996. Fractional shares created by
the stock dividend will be paid in cash.
IBC is a $2.9 billion multi-bank holding company with 42 locations in
18 communities including San Antonio, Laredo, Zapata, the entire Rio Grande
Valley including McAllen and Brownsville, and the Coastal Bend area including
Corpus Christi, Rockport, Port Lavaca and Bay City.
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