Monday, February 26, 2024

Equity Corporate Actions Alert #2024 - 92
Information Regarding the Merger of Luther Burbank Corporation (LBC)

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  • Industry Announcement

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At a special meeting held on May 4, 2024, the shareholders of Luther Burbank Corporation (LBC) approved a merger with WaFd, Inc. (WAFD). The merger is tentatively scheduled to close on February 29, 2024. The details are as follows:

Company/Issue: Luther Burbank Corporation Common Stock
CUSIP#: 550550107
Symbol: LBC
Anticipated Last Trading Date: February 29, 2024
Anticipated Marketplace Effective Date for Suspension: March 1, 2024
Merger Consideration: 0.3353 shares of WaFd, Inc. each share held.


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