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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
JULY 20, 1995
HALLIBURTON COMPANY
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
STATE OR OTHER COMMISSION IRS EMPLOYER
JURISDICTION FILE NUMBER IDENTIFICATION
OF INCORPORATION NUMBER
DELAWARE 1-3492 NO. 73-0271280
3600 LINCOLN PLAZA
500 NORTH AKARD STREET
DALLAS, TEXAS 75201-3391
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
REGISTRANT'S TELEPHONE NUMBER,
INCLUDING AREA CODE - 214/978-2600
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INFORMATION TO BE INCLUDED IN REPORT
ITEM 5. OTHER EVENTS
The registrant may, at its option, report under this item any events,
with respect to which information is not otherwise called for by this form, that
the registrant deems of importance to security holders.
A. On July 20, 1995, the registrant issued a press release
entitled Halliburton 1995 Third Quarter Dividend pertaining,
among other things, to an announcement that registrant's board
of directors declared a third quarter dividend of 25 cents a
share on registrant's common stock, payable September 21, 1995
to shareholders of record at the
close of business on August 31, 1995.
B. On July 20, 1995, the registrant issued a press release entitled
Halliburton Calls Convertible Debentures pertaining, among other
things, to an announcement that registrant is calling the entire
outstanding principal amount of registrant's zero coupon convertible
subordinated debentures due March 13, 2006 on September 1, 1995.
The redemption price will be $536.5029 per $1,000.00 principal
amount of Debentures at maturity. The total cost of redemption,
assuming all Debentures are submitted for redemption, will be
approximately $391 million.
C. On July 20, 1995, the registrant issued a press release
entitled David J. Lesar Named Executive Vice President and
Chief Financial Officer pertaining, among other things, to an
announcement that David J. Lesar has been named as executive
vice president and chief financial officer of registrant
effective August 1, 1995.
The foregoing summary is subject to the full text of the press release
with respect thereto, a copy of which is attached hereto as Exhibit 20, which
exhibit is incorporated herein by reference.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
List below the financial statements, pro forma financial information
and exhibits, if any, filed as part of this report.
(c) Exhibits.
EXHIBIT 20 - Press releases dated July 20, 1995.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HALLIBURTON COMPANY
Date: July 24, 1995 By: _______________________
Robert M. Kennedy
Vice President - Legal
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EXHIBIT INDEX
Exhibit Sequentially
NUMBER DESCRIPTION NUMBERED PAGE
20 Press Release of
July 20, 1995 5 of 9
Incorporated by Reference
20 Press Release of
July 20, 1995 6 of 9
Incorporated by Reference
20 Press Release of
July 20, 1995 8 of 9
Incorporated by Reference
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FOR IMMEDIATE RELEASE Contact - Guy T. Marcus
July 20, 1995 Vice President-Inv. Rel.
(214) 978-2691
HALLIBURTON 1995 THIRD QUARTER DIVIDEND
DALLAS, Texas -- Halliburton Company's board of directors
today declared a third quarter dividend of 25 cents a share on
the company's common stock, payable September 21, 1995 to
shareholders of record at the close of business on August 31,
1995.
Halliburton Company is one of the world's largest
diversified energy services, engineering, maintenance, and
construction companies. Founded in 1919, Halliburton provides a
broad range of energy services and products, industrial and
marine engineering and construction services, and property and
casualty insurance services.
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FOR IMMEDIATE RELEASE Contact - Guy T. Marcus
July 20, 1995 Vice President-Inv. Rel.
(214) 978-2691
HALLIBURTON CALLS CONVERTIBLE DEBENTURES
DALLAS, Texas -- Halliburton Company (NYSE - HAL) announced today that it
is calling the entire outstanding principal amount of the company's zero coupon
convertible subordinated debentures due March 13, 2006 (the "Debentures") on
September 1, 1995 (the "Redemption Date"). The redemption price will be
$536.5029 per $1,000.00 principal amount of Debentures at maturity. The
redemption price represents the original issue price plus accrued original issue
discount to the Redemption Date.
The total cost of the redemption, assuming all Debentures are submitted for
redemption, will be approximately $391 million.
Halliburton will fund the redemption primarily with cash reserves and
secondarily with short term borrowings.
Payment of the Debentures called for redemption will be made on or after
the Redemption Date upon presentation and surrender of the Debentures at one of
the following principal corporate trust offices of the Trustee as follows -
BY MAIL
Texas Commerce Bank N.A.
Attn - Corporate Trust Operations
Div/Bond Call Unit
P.O. Box 2320
Dallas, Texas 75221-2320
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BY OVERNIGHT DELIVERY OR HAND
Texas Commerce Bank N.A. Texas Commerce Trust Company
Registered Bond Events 80 Broad Street, 4th Floor
1900 Pacific, 16th Floor New York, NY 10004
Dallas, Texas 75201 Attn: Barbara Telford
At the option of the debentureholder, any Debenture may be converted into
Halliburton Company common stock at the conversion rate of 6.824 shares per
$1,000.00 principal amount of Debentures at maturity at any time until and
including, but not after, the close of business on August 14, 1995 at which time
the option will terminate. Holders who elect to convert will receive cash in
lieu of fractional shares. In order to exercise the conversion privilege,
debentureholders must surrender such Debentures to the Trustee at one of the
above addresses, together with the executed conversion notice in the form
provided on the Debentures accompanied by the proper assignments thereof in
blank, no later than the close of business on August 14, 1995.
Debentureholders seeking additional information regarding
the redemption or conversion of the Debentures may telephone
Texas Commerce Bank N. A. at (800) 275-2048.
Halliburton Company is one of the world's largest diversified energy
services, engineering, maintenance, and construction companies. Founded in 1919,
Halliburton provides a broad range of energy services and products, industrial
and marine engineering and construction services, and property and casualty
insurance services.
# # #
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FOR IMMEDIATE RELEASE Contact - Guy T. Marcus
July 20, 1995 Vice President-Inv. Rel.
(214) 978-2691
DAVID J. LESAR NAMED EXECUTIVE VICE PRESIDENT
AND CHIEF FINANCIAL OFFICER
DALLAS, Texas -- Halliburton Company announced today that David J. Lesar
has been named to the position of executive vice president and chief financial
officer of the company, effective August 1, 1995.
Mr. Lesar, 42, has served as executive vice president-finance and
administration at the company's Halliburton Energy Services business segment
since 1993. Previously, he was employed by Arthur Andersen & Co. for 16 years
and was partner in charge of the energy manufacturing and retail practices for
its Dallas office. Lesar is a graduate of the University of Wisconsin where he
earned BS and MBA degrees.
In his new position, Lesar will be responsible for all financial activities
of Halliburton Company. The chief financial officers of the company's business
segments will have reporting responsibilities to both Lesar and their respective
chief executive officers. He will also head company-wide financial and other
re-engineering efforts, including a management information project. Also, the
corporate accounting, treasury, trust investments and tax departments will
report to him.
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Halliburton Company is one of the world's largest diversified energy
services, engineering, maintenance, and construction companies. Founded in 1919,
Halliburton provides a broad range of energy services and products, industrial
and marine engineering and construction services, and property and casualty
insurance services.
# # #
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The Exhibit Index appears on Page 4