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BAY VIEW CAPITAL CORPORATION ELECTS DIRECTORS, APPROVES OPTION PLANS AND AUDITORS.


SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--May 25, 1995--The Shareholders of Bay View Capital Corporation approved all items at the Company's Annual Meeting today. The stockholders elected Richard J. Quinlan and Robert L. Witt as directors for terms expiring in 1998, adopted a new employee stock option and incentive plan, approved an increase in the number of shares available under the non-employee director stock option plan, and ratified the appointment of Deloitte & Touche, LLP LLP - Lower Layer Protocol  as auditors.

Also at the meeting, management reviewed Bay View Capital Corporation's financial results, and indicated that the company may consider an increase in its regular dividend or the initiation of a stock repurchase Stock repurchase

A firm's repurchase of outstanding shares of its common stock.
 program.

Bay View Capital Corporation is the holding company for Bay View Federal Bank. Headquartered in San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. , Bay View Federal Bank has $3.2 billion in assets and operates 27 banking centers and one loan production office in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation).

The San Francisco Bay Area, colloquially known as the Bay Area or The Bay
.

CONTACT: Bay View Capital Corp.

Bruce E. Moyer, 415/312-7272
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 25, 1995
Words:162
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