SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) or 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 6)
(Name of Subject Company (Issuer) and Filing Person (Offeror))
Common Stock, $2.50 par value
(Title of Class of Securities)
(CUSIP Number of Class of Securities)
Albert O. Cornelison, Jr.
Executive Vice President and General Counsel
3000 North Sam Houston Parkway East
Houston, Texas 77032
(Name, address and telephone number of person authorized to receive notices and communications on behalf of filing person)
Kelly B. Rose
Baker Botts L.L.P.
Houston, Texas 77002
CALCULATION OF FILING FEE
|Transaction Value(1)||Amount of Filing Fee(2)|
|(1)||The transaction value is estimated only for purposes of calculating the filing fee. This amount is based on the offer to purchase for not more than $3,300,000,000 in aggregate of up to 77,647,058 shares of common stock, par value $2.50 per share, at the minimum tender offer price of $42.50 per share.|
|(2)||Previously paid. The amount of the filing fee, calculated in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, equals $136.40 per $1,000,000 of the value of the transaction.|
|þ||Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.|
|Amount Previously Paid: $450,120||Filing Party: Halliburton Company|
|Form or Registration No.: Schedule TO-I||Date Filed: July 26, 2013|
|¨||Check the box if filing relates solely to preliminary communications made before the commencement of a tender offer.|
Check the appropriate boxes below to designate any transactions to which the statement relates:
|¨||third-party tender offer subject to Rule 14d-1.|
|þ||issuer tender offer subject to Rule 13e-4.|
|¨||going-private transaction subject to Rule 13e-3.|
|¨||amendment to Schedule 13D under Rule 13d-2.|
Check the following box if the filing is a final amendment reporting the results of the tender offer: þ
If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:
|¨||Rule 13e-4(i) (Cross-Border Issuer Tender Offer)|
|¨||Rule 14d-1(d) (Cross-Border Third Party Tender Offer)|
This Amendment No. 6 (this Amendment) amends and supplements the Tender Offer Statement on Schedule TO originally filed with the Securities and Exchange Commission (the SEC) by Halliburton Company, a Delaware corporation (Halliburton or the Company), on July 26, 2013, as amended and supplemented by Amendment No. 1 to the Schedule TO filed with the SEC on July 30, 2013, Amendment No. 2 to the Schedule TO filed with the SEC on August 6, 2013, Amendment No. 3 to the Schedule TO filed with the SEC on August 16, 2013, Amendment No. 4 to the Schedule TO filed with the SEC on August 21, 2013 and Amendment No. 5 to the Schedule TO filed with the SEC on August 23, 2013 (together, the Schedule TO), in connection with the Companys offer to purchase, for not more than $3.3 billion in cash, shares of its common stock, par value $2.50 per share (the Shares), pursuant to (i) auction tenders at prices specified by the tendering stockholders of not less than $42.50 nor greater than $48.50 per Share or (ii) purchase price tenders, in either case upon the terms and subject to the conditions described in the Offer to Purchase, dated July 26, 2013 (as amended, the Offer to Purchase), a copy of which was filed as Exhibit (a)(1)(A) to the Schedule TO, and in the related Letter of Transmittal (the Letter of Transmittal, and together with the Offer to Purchase, the Tender Offer), a copy of which was filed as Exhibit (a)(1)(B) to the Schedule TO.
The purpose of this Amendment is to amend and supplement the Schedule TO. Only those items amended are reported in this Amendment. Except as specifically provided herein, the information contained in the Schedule TO, the Offer to Purchase and the Letter of Transmittal remains unchanged. This Amendment should be read in conjunction with the Schedule TO, the Offer to Purchase and the Letter of Transmittal.
Item 4. Terms of the Transaction.
Item 4 of the Schedule TO is hereby amended and supplemented to add the following paragraphs at the end thereof:
The Tender Offer expired at 11:59 p.m., New York City time, on Thursday, August 22, 2013. The Company accepted for purchase 68,041,236 Shares at a purchase price of $48.50 per Share, for an aggregate cost of $3.3 billion, excluding fees and expenses relating to the Tender Offer. These Shares represent approximately 7.4% of the total number of Shares issued and outstanding as of August 26, 2013.
The Tender Offer was oversubscribed and, pursuant to the terms of the Tender Offer, Shares were accepted on a pro rata basis, except for tenders of odd lots, which were accepted in full, and except for certain conditional tenders automatically regarded as withdrawn pursuant to the terms of the Tender Offer. Halliburton has been informed by the depositary that the proration factor for the Tender Offer, after giving effect to the priority for odd lots, is approximately 69.466%.
Item 11. Additional Information.
Item 11 of the Schedule TO is hereby amended and supplemented by adding the following at the end thereof:
On August 29, 2013, the Company issued a press release announcing the final results of the Tender Offer, which expired at 11:59 p.m., New York City time, on August 22, 2013. A copy of the press release is filed as Exhibit (a)(5)(E) to this Schedule TO and is incorporated herein by reference.
Item 12. Exhibits.
Item 12 of the Schedule TO is hereby amended and supplemented by adding the following exhibit:
(a)(5)(E) Press release announcing the final results of the Tender Offer, dated August 29, 2013
- 2 -
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|Date: August 29, 2013||By:|
|Christian A. Garcia|
|Senior Vice President and Treasurer|
|FOR IMMEDIATE RELEASE||Contact:||Kelly Youngblood|
|August 29, 2013||Halliburton, Investor Relations|
|Beverly Blohm Stafford|
|Halliburton, Corporate Affairs|
HALLIBURTON ANNOUNCES FINAL RESULTS OF TENDER OFFER
HOUSTON, Texas Halliburton (NYSE: HAL) today announced the final results of its modified Dutch auction tender offer, which expired at 11:59 p.m., New York City time, on Thursday, August 22, 2013.
Halliburton has accepted for purchase 68,041,236 shares of its common stock at a purchase price of $48.50 per share, for an aggregate cost of $3.3 billion, excluding fees and expenses relating to the tender offer. These shares represent approximately 7.4% of the total number of shares of Halliburton common stock issued and outstanding as of August 26, 2013.
The tender offer was oversubscribed and, pursuant to the terms of the tender offer, shares were accepted on a pro rata basis, except for tenders of odd lots, which were accepted in full, and except for certain conditional tenders automatically regarded as withdrawn pursuant to the terms of the tender offer. Halliburton has been informed by the depositary that the proration factor for the tender offer, after giving effect to the priority for odd lots, is approximately 69.466%. The depositary will promptly pay for the shares accepted for purchase and will return all other shares tendered.
Dave Lesar, chairman, president and chief executive officer, commented, Our confidence in our long-term financial outlook has enabled us to increase our shareholder distributions while maintaining robust liquidity to fund future growth. This tender offer has been well-received by the investment community and, combined with share repurchases earlier this year and our dividend target of at least 15-20% of net income, reflects our commitment to deliver value to shareholders.
Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC served as lead dealer managers for the tender offer, and Merrill Lynch, Pierce, Fenner & Smith Incorporated served as a co-dealer manager. Stockholders who have questions or would like additional information about the tender offer may contact the information agent for the tender offer, Georgeson Inc., at 888-293-6812 (toll-free).
Founded in 1919, Halliburton is one of the worlds largest providers of products and services to the energy industry. With more than 75,000 employees, representing 140 nationalities 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.
NOTE: The statements in this press release that are not historical statements, including statements regarding long-term financial outlook, future liquidity and future dividend targets, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the companys control, which could cause actual results to differ materially from the results expressed or implied by the statements. Halliburtons Form 10-K for the year ended December 31, 2012, Form 10-Q for the quarter ended June 30, 2013, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss some of the important risk factors identified that may affect Halliburtons business, results of operations, and financial condition. Halliburton undertakes no obligation to revise or update publicly any forward-looking statements for any reason.