Today: February 21, 2018, 10:10 pm
  
Business

Statoil ASA: Announcement of dividend per share for the second quarter 2017 in NOK

PR-Inside.com: 2017-11-08 07:45:02

Statoil (OSE: STL, NYSE: STO) announced 27 July 2017 dividend per share of USD 0.2201 for second quarter 2017. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 2 November 2017, in total seven business days.

Average Norges Bank fixing rate for this period was 8.1570. Second quarter 2017 dividend per share is consequently NOK 1.7953. 

Under the two-year scrip dividend programme ("Scrip Dividend Programme") approved by the Annual General meeting 11 May 2017, shareholders will have the option to receive dividend in newly issued dividend shares. The subscription period for second quarter 2017 shall commence on 20 November 2017 and end on 4 December 2017. Further information about the Scrip Dividend Programme will be published in due course.

Cash dividend (net of any costs of newly issued dividend shares elected under the Scrip Dividend Programme) will be paid to shareholders on Oslo Børs on or around 15 December 2017 and to holders of American Depositary Receipts ("ADRs") on New York Stock Exchange on or around 18 December 2017. 

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Statoil via Globenewswire




# 289 Words
Related Articles
More From The Author
Global Cloud Xchange Announces Plan for “Cloud [..]
Global Cloud Xchange (GCX), a subsidiary of Reliance Communications (RCOM), today announced its “Cloud and Fiber Initiative” which [..]
Clio Redefines Practice Management Software for the [..]
As legal technology reaches new levels of importance and adoption in law firms, the new Clio experience sets a new [..]
Clio Redefines Practice Management Software for the [..]
As legal technology reaches new levels of importance and adoption in law firms, the new Clio experience sets a new [..]
Press Release: ABN AMRO reports net profit [..]
ABN AMRO reports net profit of EUR 673 million for Q3 2017 Net profit up 11% compared with Q3 2016 [..]
IMCD reports 10% EBITA growth in the [..]
Rotterdam, The Netherlands (8 November 2017) - IMCD N.V. ("IMCD" or "Company"), a leading distributor of [..]
 
More From Business
Credit Europe Bank Ltd. enables acceptance of [..]
Moscow and Tokyo, Feb 20, 2018 - (ACN Newswire) - Credit Europe Bank Ltd. ("Credit Europe Bank"), one of the [..]
Francesca Celebrates Summer with New Mexicola Collection
Featuring vivid oranges and bright blues the new Mexicola Collection of jewellery from Francesca was inspired by Motel Mexicola. The [..]
Endovision’s Single-Use Cholangiogram Guarantees Sterility
Endovision’s founder Michael Swan has changed the way in which Australian hospitals think about infection control and patient [..]
Project Laneways to Run a Change Management [..]
For the first time, Project Laneways is running a public change management course in Canberra. The three-day Change Management Foundation [..]
Falcon’s Cookers on Sale at Whitfords
Appliance dealers Whitfords have a promotion on the Classic Deluxe, Classic and Elan cookers. Customers can save up to $899 [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.