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Cayman National stock price dips to $4

As the Republic Bank Trinidad and Tobago (Barbados) Ltd. nears the finalization of its acquisition of Cayman National Corporation Ltd., the local bank’s stock price has dipped from US$6.25 per share to US$4.

EDITORIAL – Godspeed and good tidings to Cayman National

Cayman National may rightfully be considered a community treasure by many, but it is also a publicly traded company with duties and fiduciary responsibilities to its shareholders.

Directors to sell Cayman National shares

All but one of the directors of local bank Cayman National Corporation Ltd. intend to sell their shares to the Republic Bank Trinidad and Tobago (Barbados) Ltd., according to a recently released directors’ circular, which provides more details about Republic Bank’s attempted acquisition of Cayman National.

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