THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Wednesday, February 8, 1995 TAG: 9502080542
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 22 lines
On Feb. 28, Signet Banking Corp. will distribute one share of Capital One Financial Corp. common stock for each share of Signet Banking Corp. common stock held on record as of Friday. This action will finalize the previously announced spinoff of Capital One from Signet. Beginning March 1, the two companies will operate as independent corporations, and each company will have its own market listing: SBK for Signet Banking Corp. and COF for Capital One Financial Corp. by CNB