SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported): April 5, 1999
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CENTURA BANKS, INC.
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(Exact name of registrant as specified in charter)
North Carolina 1-10646 56-1688522
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(State of Incorporation) (Commission File Number) (IRS Employer Identification No.)
134 North Church Street, Rocky Mount, North Carolina 27804
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(Address of principal executive office) (Zip code)
Registrant's telephone number, including area code: (252) 454-4400
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N/A
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(Former name or former address, if changed since last report)
Exhibit Index on Page 4.
Item 5. Other Events:
On April 5, 1999, Centura Banks, Inc. ("Centura") announced that its Board of
Directors has authorized a share repurchase program of up to 100,000 shares of
Centura Common stock. This action 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.
Item 7. Financial Statements and Exhibits:
The exhibits listed in the Exhibit Index are filed herewith as part of this
Current Report on Form 8-K.
SIGNATURES
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, thereunto duly authorized.
CENTURA BANKS, INC.
Registrant
Date: April 5, 1999 By: /s/ Steven Goldstein
Steven Goldstein
Chief Financial Officer
EXHIBIT INDEX
Sequential
Page
Exhibit Description of Exhibit Number
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99 Press release dated April 5, 1999 5
FOR IMMEDIATE RELEASE
April 5, 1999
For More Information: Steven J. Goldstein
Chief Financial Officer
Centura Banks, Inc.
252-454-8356
sgoldstein@centura.com
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CENTURA ANNOUNCES SHARE REPURCHASE PROGRAM
ROCKY MOUNT, NC - 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
www.centura .com.