Forest Oil (FST) Announces Final Distribution Ratio for Lone Pine Resources (LPR) Holdings
Get Alerts FST Hot Sheet
Join SI Premium – FREE
Forest Oil Corporation (NYSE: FST) reports the final distribution ratio for the special stock dividend to its shareholders of 70,000,000 shares of common stock of Lone Pine Resources Inc. (NYSE: LPR) owned by Forest of 0.61248511 of a share of Lone Pine common stock for every share of Forest common stock held as of the close of business on September 16, 2011 (the Record Date).
The distribution by Forest of the special stock dividend will be made on September 30, 2011 (the Distribution Date) in the form of a pro rata common stock dividend to all Forest shareholders of record on the Record Date.
The distribution by Forest of the special stock dividend will be made on September 30, 2011 (the Distribution Date) in the form of a pro rata common stock dividend to all Forest shareholders of record on the Record Date.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ball Corporation (BALL) Raises Dividend, Enters 40M Share Buyback, Announces Management Changes
- Amerant Bancorp (AMTB) Declares $0.09 Quarterly Dividend; 1.9% Yield
- Marathon Petroleum (MPC) Declares $0.825 Quarterly Dividend; 1.7% Yield
Create E-mail Alert Related Categories
Corporate News, Dividends, Special DividendsRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!