SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 19, 2003
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United Bankshares, Inc.
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(Exact name of registrant as specified in its charter)
West Virginia No. 0-13322 55-0641179
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
300 United Center
500 Virginia Street, East
Charleston, West Virginia 25301
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(Address of Principal Executive Offices)
(304) 424-8800
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or address, if changed since last report)
Item 5. Other Events
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On May 22, 2003 United Bankshares, Inc. ("United") announced a second
quarter dividend of 25(cent) per share and a plan to repurchase up to 1.65
million shares of its common stock on the open market. The plan represents
approximately 4% of the issued and outstanding shares of United. A copy of the
press release is attached as Exhibit 99.1 to this report.
Item 7. Financial Statements and Exhibits
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(c) Exhibits
99.1 Press Release, dated May 22, 2003, issued by United Bankshares, Inc.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
UNITED BANKSHARES, INC.
Date: May 22, 2003 By: /s/ Steven E. Wilson
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Steven E. Wilson, Executive Vice
President, Treasurer, Secretary and
Chief Financial Officer