Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  QEP Resources Inc    QEP

QEP RESOURCES INC (QEP)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

QEP Resources, Inc. : QEP Resources Announces Termination of Shareholder Rights Plan

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/14/2012 | 07:10pm CET

DENVER, Feb. 14, 2012 /PRNewswire/ -- QEP Resources, Inc. (NYSE: QEP) announced today that its Board of Directors has approved an amendment to the Rights Agreement for its Shareholder Rights Plan to accelerate the final expiration date of the Rights to April 1, 2012. The Rights had been slated to expire on June 30, 2013. As a result of the amendment, as of the close of business on April 1, 2012, the Rights will no longer be outstanding and will not be exercisable, and the Rights Agreement will effectively terminate. Shareholders do not need to take any action as a result of this termination.

(Logo: http://photos.prnewswire.com/prnh/20101116/LA02638LOGO)

"Our board took this action in response to shareholder concerns about the Rights Plan," said Chuck Stanley, President and CEO. "Last year the board agreed that it would either put the Rights Plan to a vote at the 2012 Annual Meeting, or eliminate the Plan. After careful consideration, the board determined that terminating the Plan was appropriate at this time."

About QEP Resources, Inc.
QEP Resources is a leading independent natural gas and oil exploration and production company with operations focused in the Rocky Mountain and Midcontinent regions of the United States. QEP Resources also gathers, compresses, treats, processes, and stores natural gas.

For more information, visit the QEP Resources website at: www.qepres.com.

SOURCE QEP Resources, Inc.


© PRNewswire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on QEP RESOURCES INC
02/20QEP RESOURCES INC : Today’s Research Reports on Trending Tickers: QEP Resources ..
AC
02/14QEP RESOURCES : Reschedules Fourth Quarter and Full Year 2017 Financial and Oper..
AQ
02/14QEP Resources Reschedules Fourth Quarter and Full Year 2017 Financial and Ope..
GL
01/22QEP Resources Announces Fourth Quarter and Full Year 2017 Financial and Opera..
GL
01/18QEP RESOURCES : "Examining the Department of the Interior's Actions to Eliminate..
AQ
2017QEP RESOURCES : Announces Final Results and Expiration of Tender Offers and Comp..
AQ
2017QEP Resources Announces Final Results and Expiration of Tender Offers and Com..
GL
2017QEP RESOURCES, INC. : Entry into a Material Definitive Agreement (form 8-K)
AQ
2017QEP RESOURCES, INC. : Entry into a Material Definitive Agreement, Creation of a ..
AQ
2017QEP Resources Announces Early Results of Tender Offers
GL
More news
News from SeekingAlpha
02/22DUC DEEP DIVE : Midland Basin 
02/05Possible funding pinch coming for U.S. shale producers, report says 
02/05Permian Basin Shale Oil Pure Play Stocks - Weekly Report 02/02/18 
01/16Permian Shale Oil Pure Play Stocks - Weekly Report 01/12/18 
01/08Permian Shale Oil Pure Play Stocks - Weekly Report 01/05/18