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BancFirst Corp. seeks approval to raise authorized common shares

BancFirst Corp. is seeking shareholder approval to increase its authorized common shares to 40,000,000 shares.

The Oklahoma City-based company has up to 20,000,000 authorized common shares. By April 7, the number of shares available for future corporate use will drop to approximately 3,836,262 shares, according to an April 4 proxy statement.

The annual shareholder meeting is scheduled for May 25.