Bank of the Ozarks (OZRK) in Little Rock, Ark., is encouraging shareholders to support its proposal to more than double its authorized common stock.

The $5 billion-asset company wants to increase the amount of authorized common stock to 125 million shares from 50 million shares. The aggressive acquirer noted in a regulatory filing that it only has 13 million shares of authorized stock left.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.