Canadian Natural Resources Limited Announces Shareholder Approval for Two-For-One Share Split.CALGARY, Alberta -- Shareholders of Canadian Natural Resources Limited Canadian Natural Resources Limited TSX: CNQ NYSE: CNQ is an oil and natural gas exploration, development and production company based in Calgary, Alberta. Operations are focused in Western Canada, the North Sea and offshore West Africa. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CNQ CNQ Cost of Non Quality CNQ Canadian Trading & Quotation System Inc. CNQ Club Neon Quebec (Quebec Neon Club) ) (NYSE NYSE See: New York Stock Exchange :CNQ) ("Canadian Natural") approved by a large majority, a subdivision or "Share Split" of its issued and outstanding Common Shares on a two-for-one basis at the Corporation's Annual and Special Meeting of Shareholders held May 5, 2005. It is believed the Share Split will encourage greater market liquidity for the Company's Common Shares and provide opportunities for ownership of the Company's Common Shares by a wider group of investors. The subdivision will be effected by issuing on or about May 27, 2005 to shareholders of record as of the close of business on Friday, May 20, 2005 a certificate for one additional Common Share for every one Common Share held as of such record date. Canadian Natural is a senior oil and natural gas production company, with continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore West Africa. Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws.Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion