Schlumberger Declares 2:1 Stock Split and Increases Quarterly Dividend by 19%Stock
Split Supplemental Information (19.8 KB PDF)
NEW YORK, Jan 19, 2006 (BUSINESS WIRE) -- Schlumberger Limited (NYSE:SLB) today announced that its
Board of Directors has approved a two-for-one split of the Company's
common stock. Each stockholder of record at the close of business on
March 1, 2006 will receive one additional share for every outstanding
share held on the record date, with a payment date on April 7, 2006.
The Board of Directors also declared an increased quarterly
dividend of 25 cents per share, on a pre-split basis, payable on April
7, 2006, to stockholders of record on March 1, 2006. The dividend will
be paid only on shares outstanding prior to the above stock split. On
the post-split number of shares outstanding, the dividend is
equivalent to 12.5 cents per share.
Supplemental information in the form of a question and answer
document on this press release is available at SLB.com/ir.
SOURCE: Schlumberger Limited
Doug Pferdehirt or Paulo Loureiro, +1-212-350-9432