Cameron Stockholders Approve Share Increase; 2-For-1 Stock Split to be Effected December 28
December 07 2007 - 10:27AM
PR Newswire (US)
HOUSTON, Dec. 7 /PRNewswire-FirstCall/ -- Cameron's stockholders
have approved an amendment to the Company's Certificate of
Incorporation to increase the number of authorized shares of common
stock from 150 million to 400 million. This will allow the Company
to complete a previously announced 2-for-1 stock split to be
effected in the form of a stock dividend. Stockholders of record as
of the close of business on December 17, 2007 will receive one
additional share of Cameron common stock for every share held at
that time, with the new shares to be issued on December 28, 2007.
The stock split will increase the Company's total shares
outstanding from approximately 109.5 million to approximately 219
million. Cameron (NYSE:CAM) is a leading provider of flow equipment
products, systems and services to worldwide oil, gas and process
industries. Website: http://www.c-a-m.com/ DATASOURCE: Cameron
CONTACT: R. Scott Amann, Vice President, Investor Relations of
Cameron, +1-713-513-3344 Web site: http://www.c-a-m.com/
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