Callon Petroleum Company Sets Record Date For Preferred Stock Dividend.NATCHEZ Natchez, city, United States Natchez, city (1990 pop. 19,460), seat of Adams co., SW Miss., on bluffs above the Mississippi River; settled 1716, inc. 1803. , Miss.--(BUSINESS WIRE)--March 14, 1996--Callon Petroleum Company (Nasdaq: CLNP CLNP - ConnectionLess Network Protocol , CLNPP) announced Thursday that its board of directors on March 13, 1996 authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: quarterly dividends to be paid April 15, 1996 to shareholders of record on March 29, 1996 of its $2.125 Convertible Exchangeable Preferred Stock Convertible exchangeable preferred stock Convertible preferred stock that may be exchanged, at the issuer's option, into convertible bonds that have the same conversion features as the convertible preferred stock. , Series A. The dividend will be $0.53125 per share. Callon Petroleum Company has been engaged in the acquisition, development, exploration and operation of oil and gas properties primarily in the Gulf Coast region since 1950. CONTACT: Callon Petroleum Co. John Weatherly, 800/451-1294 |
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