Burlington Resources Confirms 2-for-1 Split of Common Stock

Burlington Resources

Burlington Resources Inc. (NYSE:BR)(TSX:B) said that its stockholders approved an amendment to the company's Certificate of Incorporation to increase the number of authorized shares of the company's common stock to 650 million shares from the current level of 325 million shares. Announcement of the approval was made at the company's Annual Meeting of Stockholders this morning. As a result, the 2-for-1 stock split previously approved by the Board of Directors on January 21, 2004 is payable on June 1, 2004 to shareholders of record on May 5, 2004.

Most Popular Articles