2013-10-02 17:28:01 -
EL DORADO, Arkansas, October 2, 2013 - The Board of Directors of Murphy Oil
Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common
Stock of Murphy Oil Corporation of $0.3125 per share, or $1.25 per share on an
annualized basis. The dividend is payable December 2, 2013 to holders of record
November 15, 2013.
In October 2012, Murphy Oil's Board of Directors authorized a share repurchase
program of up to $1 billion of the Company's Common stock. To date, Murphy has
repurchased slightly more than 8 million shares at a total cost of
$500 million. On October 2, 2013, the Company's Board extended the repurchase
program expiration date to April 15, 2014.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Murphy Oil Corp via Thomson Reuters ONE