Canandaigua National Corporation is the holding company for The Canandaigua National Bank & Trust Company. Financial data for Canandaigua National Corporation is filed with the SEC (Securities and Exchange Commission).
The SEC Web site has available all of Canandaigua National Corporation's current filings, including Beneficial Ownership Reports on Forms 3, 4 and 5.
Our Common Stock
At January 31, 2011, we had approximately 1,300 shareholders of record. Information about beneficial ownership of the Company's stock by directors and certain officers is set forth in the Proxy Statement for the 2011 Annual Meeting of Shareholders. Market value and dividend information is set forth in the table below. The Company currently pays a semi-annual dividend in February and August. We expect to continue to pay cash dividends to our stockholders for the foreseeable future.
CNC Stock Price |
$129.22 Last average auction price as of November 22, 2011 |
While the Company's stock is not actively traded, it trades sporadically on the Over-the-Counter Bulletin Board system. From time-to-time, shareholders sell shares to interested parties in sealed bid public auctions administered by the Bank’s Trust Department selling shares at the shareholders request. In addition, our stock is not listed with a national securities exchange. Due to the limited number of transactions, the quarterly high, low and weighted average sale prices may not be indicative of the actual market value of the Company's stock. The following table sets forth a summary of transactions by selling shareholders in the Company's common stock during each period for transactions that were administered by the Bank's Trust Department. Also included are the book value at quarter end, and semi-annual dividends paid per share since the first quarter of 2006. All data has been adjusted for the 4-for-1 Stock Split of September 14, 2011.
|
# Shares Sold |
Quarterly High
Sales Price |
Quarterly Low
Sales Price |
Average Sales Price
|
Book Value
|
Dividend Paid
|
| 2011 |
|
|
|
|
|
|
| 3rd Quarter |
2,948 |
$118.13 |
$107.50 |
$111.34 |
$69.55 |
$1.44 |
| 2nd Quarter |
3,036 |
$110.00 |
$102.50 |
$103.87 |
$69.34 |
|
| 1st Quarter |
2,948 |
$107.21 |
$98.69 |
$99.89 |
$66.71 |
$1.43 |
| 2010 |
|
|
|
|
|
|
| 4th Quarter |
2,528
|
$102.90
|
$93.91
|
$95.85
|
$65.54
|
|
| 3rd Quarter |
3,172
|
$100.00
|
$90.00
|
$91.89
|
$63.55
|
$1.43
|
| 2nd Quarter |
3,200
|
$92.50
|
$87.53
|
$88.44
|
$62.99
|
|
| 1st Quarter |
3,040
|
$91.75
|
$83.75
|
$85.37
|
$59.93
|
$1.29
|
2009
|
|
|
|
|
|
|
| 4th Quarter |
2,700 |
$87.97 |
$81.25 |
$81.78 |
$59.33 |
|
3rd Quarter
|
None |
N/A |
N/A |
N/A
|
$57.18
|
$1.26
|
2nd Quarter
|
3,064 |
$87.50 |
$78.81 |
$80.93
|
$55.70
|
|
1st Quarter
|
3,244 |
$88.75 |
$75.50 |
$78.69
|
$53.94
|
$1.21
|
2008
|
|
|
|
|
|
|
4th Quarter
|
4,672 |
$87.50 |
$74.97 |
$78.75
|
$53.22
|
|
3rd Quarter
|
2,976 |
$80.63 |
$78.00 |
$80.03
|
$51.31
|
$1.19
|
2nd Quarter
|
3,812 |
$81.25 |
$76.31 |
$77.54
|
$50.79
|
|
1st Quarter
|
3,800 |
$82.50 |
$76.25 |
$78.44
|
$49.23
|
$1.06
|
2007
|
|
|
|
|
|
|
4th Quarter
|
3,240 |
$85.00 |
$75.00 |
$81.28
|
$48.61
|
|
3rd Quarter
|
2,540 |
$88.31 |
$81.38 |
$82.97
|
$46.61
|
$1.03
|
2nd Quarter
|
3,780 |
$91.25 |
$81.25 |
$83.45
|
$45.49
|
|
1st Quarter
|
3,856 |
$90.00 |
$82.46 |
$84.40
|
$44.22
|
$0.98
|
2006
|
|
|
|
|
|
|
4th Quarter
|
3,776 |
$87.50 |
$80.25 |
$84.74
|
$43.83
|
|
3rd Quarter
|
2,388 |
$88.25 |
$80.69 |
$83.82
|
$42.03
|
$0.93
|
2nd Quarter
|
2,000 |
$94.28 |
$80.69 |
$88.11
|
$41.00
|
|
1st Quarter
|
5,088 |
$101.25 |
$82.94 |
$87.97
|
$40.01
|
$0.83
|
2005
|
|
|
|
|
|
|
4th Quarter
|
5,200 |
$100.00 |
$85.69 |
$90.27
|
$39.87
|
|
3rd Quarter
|
2,728 |
$100.25 |
$90.00 |
$93.30
|
$38.72
|
$0.80
|
2nd Quarter
|
3,208 |
$102.63 |
$87.81 |
$92.97
|
$38.44
|
|
1st Quarter
|
2,000 |
$105.00 |
$91.25 |
$95.67
|
$36.64
|
$0.71
|
To obtain the most recent weighted average sales price reached in a publicly advertised sale, please contact Shareholder Relations at (585) 393-6056 or toll-free at (800) 724-2621. Individuals interested in the Company’s stock are urged to review all of the Company’s financial statements available on the Securities and Exchange Commission Web site.
Letters to Shareholders
August 1, 2011
August 16, 2010
August 1, 2009
August 4, 2008
Corporate Governance
Audit Committee Charter (PDF)
Code of Conduct (PDF)
Nominating and Governance Committee Charter (PDF)
Compensation Committee Charter (PDF)