Previous close | 2.7970 |
Open | 2.7885 |
Bid | 2.9870 x N/A |
Ask | 3.0360 x N/A |
Day's range | 2.7885 - 2.7885 |
52-week range | 2.5100 - 12.5200 |
Volume | |
Avg. volume | 3 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
New York Community Bancorp says its board of directors has approved a one-for-three reverse stock split expected to become effective in mid-to-late July.
An investment from a group that included former U.S. Treasury Secretary Steven Mnuchin's Liberty Strategic Capital stabilized the stock, but trading remains rangebound. NYCB shares dipped nearly 2% before the bell on Thursday. Reverse stock splits typically boost prices by reducing the number of outstanding shares.
New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that as previously approved by its shareholders at its annual meeting held on June 5th, its Board of Directors passed a resolution yesterday approving the one-for-three reverse stock split. We expect the reverse stock split to become effective in mid-to-late July.