ROCKY MOUNT, N.C., April 5 /PRNewswire/ -- Centura Banks, Inc. (NYSE: CBC)
today announced that its Board of Directors has authorized a share repurchase
program of up to 100,000 shares of Centura common stock. The action is in
accordance with Securities and Exchange Commission rules, and supercedes all
previously stated intentions to purchase shares of Centura common stock.
These purchases will be made in the open market or in privately negotiated
transactions and may be discontinued at any time.
With assets of $8.7 billion, Centura provides a complete line of banking,
investment insurance, leasing and trust services to individuals and businesses
in North Carolina, South Carolina and Virginia. Centura's broad range of
financial services are provided through a variety of delivery channels,
including 225 full-service financial offices; more than 315 ATMs at financial
offices, Wal-Mart stores and Sam's outlets; the Centura Highway telephone
banking center; Centura's Internet site; and through leading online money
management packages. Additional information may be found on Centura's website
at http://www.centura.com .
SOURCE Centura Banks Inc.
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Related links:
http://www.centura.com
Company News On-Call:
http://www.prnewswire.com/comp/870954.html or fax,
800-758-5804, ext. 870954
CONTACT:
Steven J. Goldstein, Chief Financial Officer
of Centura Banks, Inc., 252-454-8356, or sgoldstein@centura.com
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