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Stock impact report

BCB Bancorp, Inc. Announces Completion of $12.5 Million Common Stock Sale

BCB Bancorp, Inc. (NJ) (BCBP) 
Last bcb bancorp, inc. (nj) earnings: 4/27 04:23 pm Check Earnings Report
US:NASDAQ Investor Relations: investorrelations.bcbcommunitybank.com
Company Research Source: GlobeNewswire
BAYONNE, N.J., Jan. 06, 2020 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”) (NASDAQ: BCBP), the holding company for BCB Community Bank, today announced that on December 30, 2019 it completed a sale of 1,020,408 shares of common stock, at an issuance price of $12.25 per share to MFP Partners, L.P.  Gross proceeds from the offering were approximately $12.5 million.   “The success of this common stock sale reflects continued confidence in our company and we welcome MFP Partners, L.P. as a shareholder,” stated Thomas Coughlin, President and Chief Executive Officer. “This additional capital will enhance our strategic capabilities to grow our franchise and support the needs of our customers.” The Company expects to use the proceeds from the capital raise for general corporate purposes, including but not limited to supporting organic growth and facilitating potential expansion opportunities. About BCB Bancorp, Inc. Established in 2000 and headquartered in Bayonne, N.J., BCB Comm Show less Read more
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