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Place: NYSE
Fondé en 1919, Halliburton
est un des plus grands fournisseurs au monde de produits et de services
aux industries de pétrole et de gaz
Halliburton, founded in 1919,
is one of the world's largest providers of products and services to the
petroleum and energy industries. The company serves its customers with
a broad range of products and services through its Energy Services Group
and Engineering and Construction Group business segments
HALLIBURTON
INCREASES QUARTERLY DIVIDEND BY 20 PERCENT; ANNOUNCES 2:1 STOCK SPLIT AND
$1 BILLION SHARE REPURCHASE PROGRAM
HOUSTON, Texas – Halliburton
(NYSE: HAL) announced that its Board of Directors has approved a 20% increase
in the company’s quarterly dividend and declared a first quarter dividend
of fifteen cents ($.15) a share on the company’s common stock payable March
23, 2006, to shareholders of record at the close of business on March 2,
2006.
The Board of Directors also
approved a 2:1 stock split, subject to shareholder approval at the 2006
annual meeting of shareholders, of a proposal to increase the number of
authorized shares of common stock from one billion shares to two billion
shares. Each shareholder would receive one additional share for each
outstanding share held by the shareholder on the record date for the stock
split. The record date will be announced after the approval of the
increase in authorized shares of common stock.
Halliburton has also been
authorized by its Board of Directors to repurchase up to $1 billion of
its outstanding common shares. The stock repurchase program does not require
Halliburton to acquire any specific number of shares. This program may
be effected through solicited or unsolicited transactions in the market
or in privately negotiated transactions, and may be terminated or suspended
at any time. |