0000950123-01-506535.txt : 20011009
0000950123-01-506535.hdr.sgml : 20011009
ACCESSION NUMBER: 0000950123-01-506535
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20010917
ITEM INFORMATION: Other events
ITEM INFORMATION: Financial statements and exhibits
FILED AS OF DATE: 20010921
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: NORTH FORK BANCORPORATION INC
CENTRAL INDEX KEY: 0000352510
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 363154608
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10458
FILM NUMBER: 1741710
BUSINESS ADDRESS:
STREET 1: 275 BROAD HOLLOW RD
STREET 2: PO BOX 8914
CITY: MELVILLE
STATE: NY
ZIP: 11747
BUSINESS PHONE: 6318441004
MAIL ADDRESS:
STREET 1: 275 BROAD HOLLOW RD
STREET 2: PO BOX 8914
CITY: MELVILLE
STATE: NY
ZIP: 11747
8-K
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y53425e8-k.txt
NORTHFORK BANCORPORATION INC.
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
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) - SEPTEMBER 17, 2001
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NORTH FORK BANCORPORATION, INC.
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(Exact name of Registrant as specified in its charter)
DELAWARE 1-10458 36-3154608
-------------------------- -------------- -------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
275 BROADHOLLOW ROAD
MELVILLE, NEW YORK 11747
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (631) 844-1004
--------------
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ITEM 5. OTHER EVENTS
North Fork Bancorporation, Inc. announced that its Board of
Directors approved an increase to its previously announced share repurchase
program by 5 million shares bringing the total remaining authorized shares for
repurchase to 8 million shares or approximately 5% of the Company's outstanding
shares.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial Statements of the Business Acquired.
Not Applicable
(b) Pro Forma Financial Information
Not Applicable
(c) Exhibits
99.1 Press Release dated September 17, 2001
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SIGNATURE
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.
Date: September 21, 2001
NORTH FORK BANCORPORATION, INC.
By: /s/ Daniel M. Healy
-------------------------------
Daniel M. Healy
Executive Vice President
Chief Financial Officer
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EX-99.1
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y53425ex99-1.txt
PRESS RELEASE DATED SEPTEMBER 17, 2001
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EXHIBIT 99.1
NORTH FORK BANCORP
275 BROADHOLLOW ROAD, MELVILLE, NY 11747 (631) 844-1258 FAX (631) 844-1471
FOR IMMEDIATE RELEASE CONTACT: DANIEL M. HEALY
EXECUTIVE VICE PRESIDENT
CHIEF FINANCIAL OFFICER
(631) 844-1258
NORTH FORK TO INCREASE ITS COMMON SHARE
REPURCHASE PROGRAM BY 5 MILLION SHARES
MELVILLE, N.Y. - SEPTEMBER 17, 2001 - NORTH FORK BANCORPORATION, INC.
(NYSE: NFB) announced that its Board of Directors approved an increase to its
previously announced share repurchase program by 5 million shares bringing the
total authorized for repurchase to 8 million shares or approximately 5% of the
Company's outstanding shares. North Fork had approved the purchase of
approximately 17 million shares or 10% of its outstanding shares in the third
quarter of 2000. Approximately 14 million shares had been repurchased under that
program.
"Our shares represent our most attractive investment option given the
uncertainties that exist in the domestic and world economies in these troubled
times," said John Adam Kanas, Chairman, President and Chief Executive Officer.
The common stock repurchase program will be done from time to time in
open market or through private transactions, subject to market conditions. The
repurchased shares will be used for general corporate purposes.
* * *
North Fork, with total assets of approximately $16 billion, operates 152
branch locations throughout the New York Metropolitan area and Connecticut.
North Fork previously announced that its pending acquisition of Commercial Bank
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of New York (CBNY) is expected to close in the fourth quarter. On a pro forma
basis, North Fork combined with CBNY will have approximately 165 branches with
20 locations in the lucrative Manhattan marketplace. Information regarding the
CBNY acquisition can be obtained from North Fork's web site.
* * *
This release contains certain forward-looking statements. Examples of
forward-looking statements include, but are not limited to, estimates with
respect to the financial condition, results of operations and business of the
Company that are subject to various factors which could cause actual results to
differ materially from these estimates. These factors include, but are not
limited to, general economic conditions, changes in interest rates, deposit
flows, loan demand and competition; changes in legislation or regulation;
changes in accounting principles, policies or guidelines; and other economic,
competitive, governmental, regulatory, and technological factors affecting NFB's
operations, pricing, products and services. Investors are encouraged to access
NFB's periodic reports filed with the Securities and Exchange Commission for
financial and business information regarding the Company.
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