THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Saturday, February 25, 1995 TAG: 9502250213 SECTION: BUSINESS PAGE: D2 EDITION: FINAL SOURCE: STAFF REPORT LENGTH: Short : 17 lines
Crestar Financial Corp., the Richmond-based parent of Crestar Bank, said that its board authorized the repurchase of as many as 1.5 million common shares in the open market or in negotiated transactions over the next year. Crestar, the largest bank holding company based in Virginia, had 37.3 million common shares outstanding at the end of 1994. by CNB