Website: N/A
Stock Symbol: NYSE: HAL
Market Value: N/A (in millions)
Halliburton Company’s predecessor was established in 1919 and incorporated under
the laws of the State of Delaware in 1924. Halliburton Company provides a
variety of services and products to customers in the energy industry.
In November 2006, KBR, Inc. (KBR), which at the time was our wholly owned
subsidiary, completed an initial public offering (IPO), in which it sold
approximately 32 million shares of KBR common stock at $17.00 per
share. Proceeds from the IPO were approximately $508 million, net of
underwriting discounts and commissions and offering expenses. On April 5, 2007,
we completed the separation of KBR from us by exchanging the 135.6 million
shares of KBR common stock owned by us on that date for 85.3 million shares of
our common stock.