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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 8-K
Current Report
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Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 15, 1995
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Wesbanco, Inc.
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(Exact Name of Registrant as Specified in its Charter)
West Virginia 0-8467 55-0571723
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1 Bank Plaza, Wheeling, WV 26003
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code (304) 234-9000
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Former Name or Former Address, if changed since last report Not Applicable
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ITEM 1-4 - Not Applicable
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ITEM 5 - OTHER EVENTS
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Effective November 15, 1995, Wesbanco redeemed its Series A 8% Cumulative
Preferred Stock of which there were 9,925 shares outstanding. The redemption
price was fixed at $190.00 per share. The holders of such preferred stock
had the right to elect to convert such preferred stock to common stock,
$2.0833 par value, at the conversion ratio of 11.43 shares of common stock
for each share of preferred stock. Additionally, a cumulative dividend of
$2.53 per share of preferred stock was declared on all such preferred shares
with a record date of October 10, 1995, and payable on November 15, 1995.
The holders of 9,723 shares elected to convert their preferred shares to
common shares resulting in the issuance of 111,111 shares of common stock
and cash payments of $450.73 for fractional shares, and a total of 202 shares
were redeemed for cash.
ITEMS 6 - 8 - Not Applicable
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Signatures
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WESBANCO, INC.
(Registrant)
November 16, 1995 /s/ Edward M. George
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Date Edward M. George
President & Chief Executive Officer