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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): July 15, 1998
THE COLONIAL BANCGROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-13508 63-0661573
(State of Incorporation) (Commission File No.) (IRS Employer I.D. No.)
Colonial Financial Center, Suite 800
One Commerce Street, Montgomery, Alabama 36104
(Address of Principal Executive Office) (Zip code)
Registrant's telephone number, including area code: 334-240-5000
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ITEM 5. OTHER EVENTS
On July 15, 1998, the Board of Directors of The Colonial BancGroup, Inc.
declared a regular quarterly cash dividend of $.17 per share of Colonial
BancGroup common stock. The Record Date for the cash dividend is the close of
business on July 31, 1998. The cash dividend will be paid on August 14, 1998.
The cash dividend will be paid on each share of Colonial BancGroup common stock
prior to giving effect the stock split described below.
On July 15, 1998, the Board of Directors of The Colonial BancGroup, Inc.
declared a two for one stock split effected in the form of a 100% stock
dividend. The Record Date for the stock split is the close of business on July
31, 1998. The additional shares will be issued on August 14, 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 hereunto duly authorized.
THE COLONIAL BANCGROUP, INC.
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(Registrant)
Date: July 17, 1998 /s/ W. Flake Oakley
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W. Flake Oakley
Chief Financial Officer
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