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BANC ONE OFFERING OF 8.625 MILLION SHARES COMPLETED AT $43 PER SHARE

BANC ONE OFFERING OF 8.625 MILLION SHARES COMPLETED AT $43 PER SHARE
 COLUMBUS, Ohio, Nov. 27 /PRNewswire/ -- Banc One Corporation (NYSE: ONE) announced today that it has completed the sales of 8.625 million shares of commons stock at a price of $43 per share. The offering includes 7.625 million shares sold by Banc One Corporation and one million shares previously issued to a subsidiary of PNC Financial Corporation to complete the purchase of four Central Trust banks in Ohio. Banc One Corporation received proceeds of $319,716,250.
 As reported on Nov. 21, an issue of 7.5 million shares of Banc One Corporation common stock was priced at $43, through underwriters led by Goldman, Sachs & Co., Montgomery Securities and Salomon Brothers, Inc. Banc One Corporation announced that on Nov. 25, the underwriters exercised their over-allotment options of 1.125 million shares.
 Prior to the offering, Banc One Corporation had assets of $46.2 billion including Bank One, Texas, N.A., and total equity of $3.4 billion. Banc One operates 50 banks with 826 offices in Indiana, Illinois, Kentucky, Michigan, Ohio, Texas and Wisconsin. Banc One Corporation also operates several additional corporations which offer services in the areas of mortage banking, credit card processing, consumer finance, equipment leasing, fiduciary and trust services, venture captial, credit life insurance, discount brokerage and data processing.
 -0- 11/27/91
 /CONTACT: George R. L. Meiling, 614-248-5908, or John Russell, 614-248-5989, both of Banc One Corporation/
 (ONE) CO: Banc One Corporation ST: Ohio IN: FIN SU: TNM


LC -- CL006 -- 7704 11/27/91 11:22 EST
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Publication:PR Newswire
Date:Nov 27, 1991
Words:265
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