On additional information of a corporate action affecting ordinary shares of New York Community Bancorp, Inc. (NYCB)
On June 27, 2024 New York Community Bancorp, Inc. issued a press release announcing that its Board of Directors approved one-for-three reverse stock split of the Company’s common stock. Reverse Split will effect on July 11, 2024. Trading is expected to begin on a stock split-adjusted basis on July 12, 2024. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.