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Halliburton Co Declares Quarterly Dividend And Increases Share Repurchase Authorization To $5 Billion


Monday, 22 Jul 2013 06:44am EDT 

Halliburton Co declared a 2013 third quarter dividend of twelve and one-half cents ($0.125) a share on the Company's common stock payable September 25, 2013 to shareholders of record at the close of business on September 4, 2013. The Company also reaffirmed Halliburton's intention to distribute total annual dividends of at least 15-20% of net income. The Company purchased 23 million shares of common stock at a total cost of $1.0 billion. This repurchase activity left $0.7 billion of repurchase capacity remaining under a program initially authorized by Halliburton's board of directors in 2006. On July 18, 2013, Halliburton's board of directors increased the authorization to purchase Halliburton common stock by $4.3 billion, to a new total repurchase capacity of $5.0 billion. 

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