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Halliburton Co. (NYSE:HAL): Closing price $48.54
On Thursday, Halliburton announced the final results of its modified Dutch auction tender offer, which expired at 11:59 p.m., Eastern Time, on August 22. The company has accepted for purchase 68,041,236 shares of its common stock at a purchase price of $48.50 per share, making for an aggregate cost of $3.3 billion, excluding fees and expenses connected with the tender offer. These shares comprise around 7.4 percent of the total number of shares of Halliburton common stock issued and outstanding as of August 26.
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