UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported)
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August 16, 2007 |
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Commission File Number:
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1-5273-1 |
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Sterling Bancorp
(Exact name of Registrant as specified in its charter)
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New York
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13-2565216 |
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(State of other jurisdiction
of incorporation)
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(IRS Employer
Identification No.) |
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650 Fifth Avenue, New York, New York
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10019-6108 |
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(Address of principal executive offices)
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(Zip Code) |
(212) 757- 3300
(Registrants telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b)
o Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17CFR 240.13e-4(c)
TABLE OF CONTENTS
ITEM 8.01
OTHER EVENTS
On August 16, 2007, the Company announced the declaration of a cash dividend of $0.19 per common
share payable on September 30, 2007 to shareholders of record on September 15, 2007.
On August 16, 2007, the Company also announced that the Board of Directors increased the Companys
authority to repurchase common shares by an additional 800,000 shares. This increased the
Companys current authority to repurchase shares to approximately 896,000 common shares. The stock
repurchases may be made from time to time in the open market or in privately negotiated
transactions at prevailing market prices. Repurchased shares may be held as treasury shares and
used for general corporate purposes.