The Wachovia Corporate and Institutional Trust division has been appointed stock transfer agent to Florida-based Winn-Dixie Stores, a supermarket chain with 1,070 outlets in 12 states and the Bahamas.
In addition to transfer agency, Wachovia will provide dividend reinvestment, employee stock purchase plan services and stock option and restricted stock plan administration for Winn-Dixie.
“We are excited that the people of Winn-Dixie have chosen Wachovia as their equity-services provider,” says John Shope, national sales director of Corporate and Institutional Trust. “Our strength and commitment to this business, coupled with our full product offering, enables us to provide clients with exceptional service. Wachovia has a long-standing relationship with Winn-Dixie, and this transaction showcases our ability to work successfully across several product areas to deliver a tailored solution for our client. We are happy to work with such an outstanding company.”
Equity services offered through the Corporate Trust group of Wachovia Bank include stock transfer services, dividend reinvestment plans, employee stock purchase plans, stock option and restricted security plan administration, direct purchase plans, turn key initial public offering services, corporate action processing and investment management.
Wachovia Corporate and Institutional Trust offers retirement services, custodial services and investment management, conventional and structured finance trust solutions, equity services and information management and claims processing to institutional clients worldwide. Based in Charlotte, N.C., Wachovia Corporate and Institutional Trust has 40 locations in 18 states plus the District of Columbia.