jfriedlein@thenewsenterprise.com
Like putting money in the bank, First Financial Service Corp. recently increased its authorized shares of common stock from 10 million to 35 million.
The move provides the Elizabethtown-based corporation flexibility for the future if it needs additional capital — but it won’t impact the 4.7 million shares already issued. First Financial Service Corp. added 25 million shares to the 5.3 million it had in reserve.
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