The Board of Directors
of Westamerica Bancorporation WABC today declared a quarterly cash
dividend of $0.37 per common share to shareholders of record at the close of
business on August 6, 2012. The dividend is payable August 17, 2012.
Westamerica Bancorporation's Board of Directors also approved a plan to
repurchase, as conditions warrant, up to two million shares of the Company's
common stock on the open market or in privately negotiated transactions prior
to September 1, 2013. The repurchase plan represents approximately 7 percent
of the Company's common stock outstanding as of June 30, 2012.
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