SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 3, 1997
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, 1997, International Bancshares Corporation issued a news
release announcing the declaration of a fifty-cent 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, 1997.
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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 7, 1997
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EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION
News Release of International
Bancshares Corporation dated April
99 3, 1997
EXHIBIT 99
FOR IMMEDIATE RELEASE Contact: Dennis E. Nixon
(210) 722-7611 (Laredo)
Bill West
(210) 805-0320 (San Antonio)
INTERNATIONAL BANCSHARES CORPORATION ANNOUNCES
CASH DIVIDEND AND STOCK DIVIDEND
LAREDO, TX, -- April 3, 1997 -- 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 1, 1997, payable
on April 15, 1997. 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 15, 1997, payable on June 9, 1997. Fractional
shares created by the stock dividend will be paid in cash.
IBC is a $3.4 billion multi-bank holding company headquartered in Laredo, Texas,
with 63 branch offices and 121 ATMs located in 23 communities in south and
southeast Texas.
