NationsBank Corp. Wednesday announced a 2-for-1 stock split, saying it would encourage wider ownership of its shares.

The split, effective Feb. 27, for shareholders of record Feb. 7, will double the total of shares outstanding, to 770 million.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.