Hills Bancorporation doubles authorized common shares to 40 million for 2-for-1 split

HILLS BANCORPORATION

HILLS BANCORPORATION

HBIA

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  • Hills Bancorporation amended its restated articles of incorporation to double authorized common shares to 40,000,000 from 20,000,000 to facilitate a 2-for-1 stock split.
  • Shareholders of record as of June 1, 2026 will receive 1 additional common share for each share held.
  • The new shares are scheduled to be distributed on June 8, 2026.
  • The amendment became effective with a filing to the Iowa Secretary of State on May 15, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hills Bancorporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000732417-26-000065), on May 20, 2026, and is solely responsible for the information contained therein.

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