Conoco Completes Combination of Stock into Single Class.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Oct. 8, 2001 Conoco Inc. (NYSE NYSE See: New York Stock Exchange :COC See chip on chip. ) announced that it has completed the combination of its Class A and Class B common stock into a single class of new common stock, which will begin trading on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. today under the symbol COC. As a result of the combination, each outstanding share of Class A and Class B common stock has been converted into one share of a new class of common stock. The Class A and Class B common stock will no longer be traded. Shareholders approved the combination at Conoco's special meeting on Sept. 21, 2001. Stockholders do not need to send in their stock certificates or take any other action in connection with the combination. All shares of Class A and Class B common stock have been automatically converted into shares of new common stock, and certificates representing shares of Class A and Class B common stock now represent an equal number of shares of new common stock. New statements of shares held in book-entry Book-Entry Registered ownership of stock without the issuance of a corresponding stock certificate, as is the case with dividend reinvestment and direct purchase plans, employee plans and Direct Registration System issuances. form through Conoco's transfer agent or thrift plans Thrift plan A defined contribution plan in which an employee contributes, usually on a before-tax basis, toward the ultimate benefits that will be provided. The employer usually agrees to match all or a portion of the employee's contributions. will be mailed shortly. Conoco is a major, integrated energy company active in more than 40 countries. |
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