Company to request increase in authorized shares to facilitate potential 2- for-1 stock split
OKLAHOMA CITY, Feb. 26, 2013 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) today declared a second-quarter dividend of $0.4175 per common share of stock, to be paid April 30, 2013, to shareowners of record on April 10, 2013. The dividend amount remained unchanged from the previous quarter.
In other action, the Board of Directors today announced that it will ask shareholders to approve an amendment to the certificate of incorporation to increase the number of authorized common shares in order to, among other things, facilitate a potential stock split of the company's outstanding common shares. If the amendment to the certificate of incorporation is approved by the shareholders, the Board of Directors currently expects to consider a stock split, possibly as early as its meeting following the company's annual shareholder meeting scheduled for Thursday, May 16, 2013.
OGE Energy Corp. is the parent company of Oklahoma Gas and Electric Company and OGE Enogex Holdings LLC.
CLASS OF STOCK:
OGE Energy Corp. Common
DIVIDEND PER SHARE:
SOURCE OGE Energy Corp.
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