Business
Add as a preferred source on GoogleThe shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on 15 November 2017 for use in the group's Share Saving Plan have on 17 November 2017 been distributed to the employees in accordance with their s…
The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on 15 November 2017 for use in the group's Share Saving Plan have on 17 November 2017 been distributed to the employees in accordance with their savings amount.
Following this, the share saving plan has 11,006,661 shares.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Common holders must be on record by Oct. 26 for the Nov. 9 payment. Preferred holders on record Dec. 5 are due distributions Dec. 21.
The bank said mortgage reclassification for the pending deal drove most notable items; adjusted earnings were $0.53 per share.
Higher defense, crane and lending and trading revenue contributed to the increase; lower Bitcoin mining revenue partly offset it.
