U.S. 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 22, 1998
Commission File Number 33-67254
COMMERCIAL BANKSHARES, INC.
(Exact name of Registrant as specified in its charter)
FLORIDA 65-0050176
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
1550 S.W. 57th Avenue, Miami, Florida 33144
(Address of principal executive offices) (Zip Code)
(305) 267-1200
(Registrant's Telephone Number, including area code)
CLASS OUTSTANDING AT APRIL 22, 1998
COMMON STOCK, $.08 PAR VALUE 3,531,915 SHARES
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REPORT INFORMATION
Item 5. Other events
Commercial Bankshares, Inc. (the Company), has adopted a stock repurchase plan
whereby up to $4 million can be used to buy shares of Commercial Bankshares,
Inc., common stock in open market and negotiated transactions during the next 24
months. This represents approximately 9.4% of the Company's $42.7 million in
shareholders' equity as of March 31, 1998.
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 thereunto duly authorized.
Commercial Bankshares, Inc.
(Registrant)
/s/ Barbara E. Reed
Senior Vice President &
Treasurer
Date: April 23, 1998
