The tobacco king extended its $3 billion credit line with JPMorgan and Citibank through August 2018.
Altria’s board authorized a $700 million expansion of the company’s current share repurchase program from $300 million to $1 billion. Altria expects to complete the program by the end of the third quarter of 2014.
C&F Financial (CFFI)
The company declared a dividend of $0.29 per common share payable Oct. 1 to shareholders of record on Sept. 13.
Cordia Bancorp (BOVA)
President and CEO Jack Zoeller acquired 4,013 shares for $4.35 per share.
Dominion Resources (D)
William Barr, a director, acquired 863 shares at $57.87 per share for a total of $49,941.
President and COO Michael Crowley sold 300 shares at $517.28 per share for a total of $154,000.
Media General (MEG)
Vice Chairman and former CEO Marshall Morton exercised options for 36,867 shares at $5.20 per share, a total of $191,700. He then sold 27,437 shares at market price for a total of $285,881. Morton, who has sold off chunks of his shares in recent weeks, still owns more than 173,000 Media General shares.
Xenith Bankshares (XBKS)
President and CEO Gaylon Layfield acquired 2,794 shares at $5.80 each. He acquired an additional 206 shares at $5.49 per share. The transactions totaled approximately $17,000.
Edward Phillips Jr., chief lending officer, acquired 1,000 shares for $5.55 per share.
Judy Gavant, the bank’s controller, acquired 1,300 shares for a total of around $7,400.