Monday, New York Community Bancorp, Inc. (NYB) said it would issue 3.4144 shares of its common stock for each of its Bifurcated Option Note Unit SecuritiESSM that is tendered, not withdrawn, and accepted under the terms of its offer to exchange shares of its common stock for its BONUSES units, announced on July 29, 2009.
The exchange offer is currently scheduled to expire at 11:59 p.m. New York City Time on Tuesday, August 25, 2009. If extended, the company would calculate a new exchange ratio based on a pricing period ending on the second trading date immediately preceding the new expiration date.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.