BankUnited Financial Corporation Holds Special Meeting of Stockholders.Declares Dividend on Class A Common Stock CORAL GABLES Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings. , Fla. -- BankUnited Financial Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BKUNA), parent company of BankUnited FSB (FrontSide Bus) See system bus. FSB - front side bus , today announced that stockholders have approved an amendment to the company's Articles of Incorporation The document that must be filed with an appropriate government agency, commonly the office of the Secretary of State, if the owners of a business want it to be given legal recognition as a corporation. to increase the authorized shares Authorized shares Number of shares authorized for issuance by a firm's corporate charter. of Class A Common Stock from 100,000,000 shares to 200,000,000 shares. Additionally, the Board of Directors declared a cash dividend of one-half cent ($0.005) per share on its Class A Common Stock. The dividend will be paid on June 30, 2008, to stockholders of record as of June 13, 2008. About BankUnited BankUnited Financial Corp. is the holding company for BankUnited FSB, the largest banking institution headquartered in Florida, based on assets. At March 31, 2008, BankUnited had assets of $ 14.3 billion. Serving customers through 86 branches in 13 coastal counties, including Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, Collier, Charlotte, Manatee, Hillsborough, Sarasota, Lee, Indian River and Pinellas, BankUnited offers a full spectrum of consumer and commercial banking products and services, including online products that can be accessed through http://www.bankunited.com. For additional information, call (877) 779-2265. |
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