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
April 20, 1995
(Date of earliest event reported)
NORTH FORK BANCORPORATION, INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-10458 36-3154608
(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File No.) Identification No.)
9025 Route 25, Mattituck, New York 11952
(Address of principal executive offices, including zip code)
(516) 298-5000
(Registrant's telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
North Fork Bancorporation, Inc. issued a press release
announcing that its Board of Directors has approved the repurchase
of up to 1.2 million shares or approximately 5% of the Company's
common shares outstanding from time to time in the open market or
through private purchases, depending on market conditions. The
repurchased shares will be used for general corporate purposes.
Item 7. Financial Statement and Exhibits.
(c) The following Exhibit is filed with this Current Report on Form 8-K:
Exhibit
Number Description
99 Press Release of North Fork Bancorporation, Inc.,
dated April 20, 1995.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.
Dated: April 20, 1995
NORTH FORK BANCORPORATION, INC.
By: /s/ Daniel M. Healy
Name: Daniel M. Healy
Title: Executive Vice President &
Chief FinancialOfficer
<PAGE>
INDEX
Exhibit
Number Description
99 Press Release of North Fork Bancorporation, Inc.,
dated April 20, 1995.
<PAGE>
[North Fork Logo]
PRESS RELEASE
FOR IMMEDIATE RELEASE Contact: Daniel M. Healy
Executive Vice President
Chief Financial Officer
NORTH FORK BANCORP ANNOUNCES
COMMON STOCK REPURCHASE PROGRAM
Mattituck, N.Y. - April 20, 1995 - North Fork Bancorporation,
Inc. (NYSE: NFB)
announced today that its Board of Directors has approved the
repurchase of up to 1.2 million shares or approximately 5% of the
Company's common shares outstanding from time to time in the open
market or through private purchases, depending on market
conditions. The repurchased shares will be used for general
corporate purposes.
"Although we would prefer to use our capital position to
expand our Company, we do not believe that the current merger and
acquisition environment is particularly attractive for us. As
such, we will strive to pass on the benefits of our excess capital
directly to shareholders until conditions change," stated John Adam
Kanas, Chairman, President and Chief Executive Officer.
North Fork's stock closed Wednesday, April 19, 1995 at $16 3/4
per share, up 1/4.
