0000950123-01-506418.txt : 20011008 0000950123-01-506418.hdr.sgml : 20011008 ACCESSION NUMBER: 0000950123-01-506418 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010917 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20010917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASTORIA FINANCIAL CORP CENTRAL INDEX KEY: 0000910322 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 113170868 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22228 FILM NUMBER: 1738500 BUSINESS ADDRESS: STREET 1: ONE ASTORIA FEDERAL PLAZA CITY: LAKE SUCCESS STATE: NY ZIP: 11042-1085 BUSINESS PHONE: 5163273000 MAIL ADDRESS: STREET 1: ONE ASTORIA FEDERAL PLAZA CITY: LAKE SUCCESS STATE: NY ZIP: 11042-1085 8-K 1 y53305e8-k.txt ASTORIA FINANCIAL CORPORATION 1 UNITED STATES 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 ------------------ ASTORIA FINANCIAL CORPORATION (Exact name of registrant as specified in its charter)
Delaware 0-22228 11-3170868 ----------------------------- ------------------------- -------------------------- (State or other jurisdiction of (Commission File No.) (IRS Employer incorporation or organization) Identification No.)
ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS, NEW YORK 11042-1085 ---------------------------------------------------------------- (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (516) 327-3000 -------------- NOT APPLICABLE ------------------- (Former name or former address, if changed since last report) 1 2 ITEMS 1 THROUGH 6 AND 8. NOT APPLICABLE ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. The following Exhibits are furnished as part of this report: 99.1 Press release dated September 17, 2001 announcing new stock repurchase program which authorizes the purchase of up to 5 million shares of Astoria Financial Corporation common stock. ITEM 9. REGULATION FD DISCLOSURE. On September 17, 2001, the Board of Directors of Astoria Financial Corporation approved the Company's eighth stock repurchase program which authorizes the purchase of up to 5 million shares of common stock in open market or privately negotiated transactions. The new program will commence immediately upon completion of the Company's current repurchase program. The information provided pursuant hereto shall not be deemed incorporated by reference by any general statement incorporating by reference this Form 8-K into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, and shall not otherwise be deemed filed under such Acts. 2 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ASTORIA FINANCIAL CORPORATION /s/ Peter J. Cunningham -------------------------------- Peter J. Cunningham First Vice President and Director of Investor Relations Dated: September 17, 2001 EXHIBIT INDEX
Exhibit Number Description 99.1 Press release dated September 17, 2001 announcing new stock repurchase program which authorizes the purchase of up to 5 million shares of Astoria Financial Corporation common stock.
3 EX-99.1 3 y53305ex99-1.txt PRESS RELEASE RE: NEW STOCK REPURCHASE PROGRAM 1 [ASTORIA FINANCIAL LETTERHEAD] CONTACT: PETER J. CUNNINGHAM FIRST VICE PRESIDENT, INVESTOR RELATIONS 516-327-7877 IR@ASTORIAFEDERAL.COM FOR IMMEDIATE RELEASE ASTORIA FINANCIAL CORPORATION ANNOUNCES 5 MILLION SHARE REPURCHASE PROGRAM LAKE SUCCESS, NEW YORK- SEPTEMBER 17, 2001--Astoria Financial Corporation (Nasdaq: ASFC), today announced that its Board of Directors approved the Company's eighth stock repurchase program which authorizes the purchase, at the discretion of management, of 5 million shares, or approximately 11% of its outstanding common stock in open-market or privately negotiated transactions. The newly approved repurchase plan will commence immediately upon completion of the current stock repurchase program of which approximately 500,000 shares of the 5 million shares originally authorized remain. Combined, the stock repurchase programs provide authorization for the repurchase of up to 5.5 million shares, or 12% of outstanding common stock. George L. Engelke, Jr., Chairman, President and Chief Executive Officer of Astoria Financial commented, "In approving the new stock repurchase authorization, The Board of Directors is demonstrating its commitment to enhancing shareholder value and providing the Company with continued flexibility in capital management, especially in light of current market uncertainties. Our Board continues to view the Company's common stock as a favorable long-term investment." Astoria Financial Corporation, the holding company for Astoria Federal Savings and Loan Association with assets of $22.5 billion, is the second largest thrift institution in New York and sixth largest in the United States. Through 86 convenient banking office locations and multiple delivery channels, including its enhanced website, www.astoriafederal.com, Astoria Federal provides retail banking, mortgage, consumer and small business loan services to 700,000 customers. Astoria commands the fourth largest deposit market share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau and Suffolk counties with a population exceeding that of 38 individual states. Astoria originates mortgage loans through an extensive broker network and/or loan production offices in fourteen states: New York, New Jersey, Connecticut, Pennsylvania, Ohio, Illinois, Massachusetts, Delaware, Maryland, Virginia, North Carolina, South Carolina, Georgia and Florida. Note: Astoria Financial Corporation's news releases are available on its investor relations website at http://ir.astoriafederal.com 2 This release may contain certain forward-looking statements and may be identified by the use of such words as "believe," "expect," "anticipate," "should," "planned," "estimated," and "potential." Examples of forward looking statements include, but are not limited to, estimates with respect to our financial condition, results of operations and business 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, real estate values, and competition; changes in accounting principles, policies, or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory, and technological factors affecting our operations, pricing, products, and services. # # #