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Bay View Capital Coporation Announces Share Repurchase Program.


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)--Aug. 13, 1998--Bay View Capital Corporation (the "Company") announced today that the Board of Directors has authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
 the repurchase of up to $25 million in shares of the Company's common stock. Management and the Board believe the Company's shares at current market valuations are attractive.

Bay View Capital Corporation is a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment  services holding company 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. . Its business activities are concentrated in three principal areas: Bay View Bank, its Banking Platform; Bay View Acceptance Corporation, its Consumer Finance Platform; and Concord Growth Corporation, its Commercial Finance Platform.

    CONTACT:  Bay View Capital Corporation
               David A. Heaberlin, 650/312-7272
               http://www.bayviewcapital.com


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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Aug 13, 1998
Words:111
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