Halliburton Annual Meeting of Shareholders and Dividend Declaration

Rhea-AI Summary

Halliburton (NYSE: HAL) held its annual shareholder meeting in Houston, Texas, on May 15, 2024. All 12 board nominees were elected, including Abdulaziz F. Al Khayyal and Jeffrey A. Miller. Shareholders ratified KPMG LLP as the principal independent public accountants and approved compensation for executive officers. An amendment to the Stock and Incentive Plan was also passed. CEO Jeff Miller expressed gratitude for shareholder support.

The board declared a Q2 2024 dividend of $0.17 per share, payable June 26, 2024, to shareholders of record on June 5, 2024.

Halliburton, a leading energy industry provider, aims to maximize asset value and foster sustainable energy solutions.

Positive

• All 12 board nominees were elected, ensuring stability in leadership.
• Shareholders ratified KPMG LLP as principal independent public accountants, maintaining financial oversight.
• Approval of executive compensation indicates shareholder alignment on leadership remuneration.
• Amendment and restatement of Stock and Incentive Plan were approved, potentially enhancing employee motivation.
• A Q2 2024 dividend of $0.17 per share was declared, indicating strong financial health and shareholder returns.

Negative

• No mention of new strategic initiatives or growth plans in the PR.

HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 15, 2024, the shareholders elected all 12 nominees to the Company’s board of directors. Shareholders elected board members Abdulaziz F. Al Khayyal, William E. Albrecht, M. Katherine Banks, Alan M. Bennett, Earl M. Cummings, Murry S. Gerber, Robert A. Malone, Jeffrey A. Miller, Bhavesh V. Patel, Maurice S. Smith, Janet L. Weiss, and Tobi M. Edwards Young.

Shareholders also ratified the selection of KPMG LLP as principal independent public accountants for 2024 and approved, on an advisory basis, the compensation of Halliburton's named executive officers. Shareholders also approved the proposed amendment and restatement of Halliburton’s Stock and Incentive Plan.

“I am pleased with the vote in favor of all the proposals. The Board of Directors would like to thank the many shareholders who engaged with us and supported Halliburton,” said Halliburton Chairman, President, and CEO Jeff Miller.

At the board of directors’ meeting following the shareholders’ meeting, the board declared a 2024 second quarter dividend of seventeen cents ($0.17) per share on the Company’s common stock payable on June 26, 2024, to shareholders of record at the close of business on June 5, 2024.

About Halliburton

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on LinkedIn, YouTube, Instagram and Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240516308122/en/

Investors Relations Contact

David Coleman

Investors@Halliburton.com

281-871-2688

Press Contact

Victoria Ingalls

PR@Halliburton.com

281-871-2601

Source: Halliburton Company

FAQ

When was Halliburton's annual shareholder meeting in 2024?

Halliburton's annual shareholder meeting was held on May 15, 2024.

What dividend did Halliburton declare for Q2 2024?

Halliburton declared a Q2 2024 dividend of $0.17 per share.

Who were elected to Halliburton's board of directors in 2024?

The elected board members include Abdulaziz F. Al Khayyal, Jeffrey A. Miller, and others.

When is the record date for Halliburton's Q2 2024 dividend?

The record date for Halliburton's Q2 2024 dividend is June 5, 2024.

Who is Halliburton's principal independent public accountant for 2024?

KPMG LLP was ratified as Halliburton's principal independent public accountant for 2024.

What was approved regarding Halliburton's Stock and Incentive Plan?

An amendment and restatement of Halliburton's Stock and Incentive Plan were approved.