Callon Petroleum Company declares 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)--June 17, 1996--Callon Petroleum Company (Nasdaq: CLNP/CLNPP) announced that today its Board of Directors 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 July July: see month. 15, 1996 to shareholders of record on June 28, 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 Company, Natchez John Weatherly, 1-800-451-1294 |
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