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Announcements
Wednesday, March 14, 2001, 12:31 PM ET

UCBH Announces Company's First-Ever Stock Split

Before today's opening bell, the Board of Directors of UCBH Holdings, Inc. (Nasdaq:UCBH) announced a 2-for-1 stock split of the Company's common outstanding shares. The payable date is set for April 10, 2001 and shares are expected to trade on a split- adjusted basis on April 11, 2001.

This is the first stock split for UCBH since trading publically in 1998. There are currently 25 million shares authorized for issuance, 9.4 million shares are outstanding and 6 million are currently in the float.

By mid-day on Wednesday, shares were trading down fractionally to $51.19.

About the Company:

UCBH Holdings, Inc. is the holding company for United Commercial Bank, the leading California bank serving the ethnic Chinese community. The Bank has 29 offices located in the San Francisco Bay Area, Sacramento, Stockton and metropolitan Los Angeles, which provide a wide range of consumer banking services to individuals and commercial banking services to small- and medium- sized businesses and professionals in a variety of industries. (company press release)

For further details, be sure to view the complete profile located on the site. To view a chart on the stock, click on the link provided below.

View Profile for UCBH

View Chart for UCBH

 


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