HOUSTON--(BUSINESS WIRE)--May 18, 2018--
Halliburton (NYSE: HAL) today announced that its board of directors
declared a 2018 second quarter dividend of eighteen cents ($0.18) a
share on the company’s common stock payable June 27, 2018, to
stockholders of record at the close of business on June 6, 2018.
Halliburton stockholders elected all twelve nominees to the board of
directors and ratified the selection of KPMG LLP as principal
independent public accountants for 2018 at its annual meeting of
stockholders held in Houston, Texas, on May 16, 2018. The advisory
resolution on executive compensation was not approved by the
Stockholders elected board members Abdulaziz F. Al Khayyal, William E.
Albrecht, Alan M. Bennett, James R. Boyd, Milton Carroll, Nance K.
Dicciani, Murry S. Gerber, José C. Grubisich, David J. Lesar, Robert A.
Malone, Jeffrey A. Miller, and Debra L. Reed.
We are disappointed that our advisory resolution on executive
compensation did not pass this year, but look forward to continuing our
active engagement with our stockholders concerning our compensation
program and other matters. Our Board of Directors has structured our
program to align executive compensation with the creation of shareholder
returns, which have exceeded our peers over the last one, three and five
year periods and to attract, motivate, and retain executives which is
especially important during a CEO transition period. This is the first
time our annual executive compensation proposal has not passed.
Founded in 1919, Halliburton is one of the world's largest providers of
products and services to the energy industry. With over 55,000
employees, representing 140 nationalities and operations in
approximately 80 countries, the company serves the upstream oil and gas
industry throughout the lifecycle of the reservoir - from locating
hydrocarbons and managing geological data, to drilling and formation
evaluation, well construction and completion, and optimizing production
through the life of the field. Visit the company’s website at www.halliburton.com.
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Halliburton, Investor Relations
Emily Mir, 281-871-2601