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CHARLOTTE, N.C. - Wachovia Corporate and Institutional Trust announced yesterday that it has been named stock transfer agent for Jacksonville, Fla.-based Winn-Dixie Stores, Inc. Winn-Dixie runs more than 1,070 supermarkets in 12 states and the Bahamas. Wachovia additionally will offer dividend reinvestment, employee stock purchase plan services, and stock option and restricted stock plan administration for the supermarket chain.
"We are excited that the people of Winn-Dixie have chosen Wachovia as their equity-services provider," said 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."
Among the equity services provided through Wachovia's Corporate Trust group are stock transfer services, dividend reinvestment plans, employee stock purchase plans, stock option and restricted security plan administration, direct purchase plans, turnkey initial public offering services, corporate action processing, and investment management.
With 40 locations in 18 states and the District of Columbia, 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 around the world. Wachovia Corp. is a major provider of financial services to retail, brokerage, and corporate customers throughout the United States, as well as offering global services through over 30 international offices.