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Canadian Occidental Petroleum Ltd. announces two for one share split.


CALGARY, Alberta--(BUSINESS WIRE)--May 24, 1996--With respect to the previously announced two for one split of CanadianOxy's shares approved at a special meeting of shareholders held on May 8, 1996, the record date for the split is May 28, 1996 while the payment date for new share certificates is June 3, 1996.

Trading of the subsidivided shares will commence two business days in advance of the record date on The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 and the Montreal Exchange Montreal Exchange

A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg
. On the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
, trading of the subdivided shares will begin on the Payment Date.

CONTACT: Canadian Occidental Petroleum Occidental Petroleum Corporation ("Oxy") NYSE: OXY is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions.  Inc.

Kevin Finn, 403/234-1932
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 24, 1996
Words:103
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