Trican Provides Updated Q1 2024 Dividend Payment Date

Rhea-AI Summary

Trican Well Service updates Payment Date for declared dividend to March 28, 2024, maintaining record date of March 15, 2024, and dividend amount per share of $0.045. No other changes from the Initial Press Release.

Calgary, Alberta--(Newsfile Corp. - March 20, 2024) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announced today an update to its press release entitled "Trican Reports Annual Results for 2023, Declares Quarterly Dividend and Announces 12.5% Dividend Increase" which was issued on February 21, 2024 (the "Initial Press Release").

The Initial Press Release stated that the distribution for the dividend declared would be paid March 29, 2024, which is a statutory holiday (the "Payment Date"). The Payment Date has been updated to March 28, 2024. The record date of March 15, 2024 and the dividend amount per share of $0.045 remain unchanged.

This Press Release should be read in conjunction with the Initial Press Release. These corrections do not change any other information reported in the Initial Press Release.

ABOUT TRICAN

Headquartered in Calgary, Alberta, Trican supplies oil and natural gas well servicing equipment and solutions to our customers through the drilling, completion and production cycles. Our team of technical experts provide state-of-the-art equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Trican is the largest pressure pumping service company in Canada.

Requests for further information should be directed to:

Bradley P.D. Fedora
President and Chief Executive Officer

Scott E. Matson
Chief Financial Officer

Phone: (403) 266-0202
Fax: (403) 237-7716
2900, 645 - 7th Avenue S.W.
Calgary, Alberta T2P 4G8

Please visit our website at www.tricanwellservice.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/202533

FAQ

What is the new Payment Date for Trican Well Service 's declared dividend?

The new Payment Date for the declared dividend is March 28, 2024.

What is the record date for Trican Well Service 's dividend?

The record date for the dividend is March 15, 2024.

What is the dividend amount per share for Trican Well Service ?

The dividend amount per share is $0.045.

Has the dividend amount per share changed from the Initial Press Release?

No, the dividend amount per share remains unchanged at $0.045.

Are there any other changes from the Initial Press Release?

No, these corrections do not change any other information reported in the Initial Press Release.