SALT LAKE CITY, Sept. 9, 2015 /PRNewswire/ -- Scott J. McLean, President & COO of Zions
Bancorporation (NASDAQ: ZION), will make a presentation at Barclays
Global Financial Services Conference on Wednesday, September 16, 2015 at 11:15 a.m. ET. A live webcast of the presentation
may be accessed on the Zions Bancorporation website,
www.zionsbancorporation.com. The webcast will also be archived and
available on the website for 30 days.
Additionally, Zions announced today that in accordance with the
terms of the outstanding warrants to purchase common stock of Zions
issued in May and October of 2010 (NASDAQ: ZIONW), the exercise
price of the warrants has been reduced to
approximately $36.20 per share from
approximately $36.26 per share, and the warrant share
multiplier has been increased to 1.0119 from 1.0103, effective as
of August 20, 2015.
These adjustments resulted from the payment of a dividend on the
common stock of Zions in the amount of $0.06 per share
paid on August 27, 2015, which is in excess of the dividend
threshold amount of $0.01 per share per quarter in the
terms of the warrants, and a trailing 10-day average price of
Zions' common stock prior to the ex-dividend date of August
18, 2015. For further information, please
see zionsbancorporation.com, under the heading Stock
Information – Warrant Information.
Zions Bancorporation is one of the nation's premier financial
services companies, consisting of a collection of great banks in
select western U.S. markets with combined total assets exceeding
$55 billion. Zions operates its
banking businesses under local management teams and community
identities in 11 western and southwestern states: Arizona, California, Colorado, Idaho, Nevada, New
Mexico, Oregon,
Texas, Utah, Washington and Wyoming. The company is a national leader in
Small Business Administration lending and is a consistent recipient
of numerous Greenwich Excellence awards in banking. In addition,
Zions is included in the S&P 500 and NASDAQ Financial 100
indices. Investor information and links to subsidiary banks can be
accessed at www.zionsbancorporation.com.
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SOURCE Zions Bancorporation