-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J3VBeGomhNdC8gCA8ab7nu/XScT/syIIjiGIXV06wYYfAOSB5Q8AJgjSwdAfamBP Zoe/dkDfpGPNqcFGGQfrNQ== 0000893220-98-001021.txt : 19980522 0000893220-98-001021.hdr.sgml : 19980522 ACCESSION NUMBER: 0000893220-98-001021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980520 ITEM INFORMATION: FILED AS OF DATE: 19980521 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA ENERGY GROUP CENTRAL INDEX KEY: 0000022099 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 131594808 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-01098 FILM NUMBER: 98629563 BUSINESS ADDRESS: STREET 1: 12355 SUNRISE VALLEY DRIVE STREET 2: SUITE 300 CITY: RESTON STATE: VA ZIP: 20191-3458 BUSINESS PHONE: 7032950394 MAIL ADDRESS: STREET 1: 12355 SUNRISE VALLEY DRIVE STREET 2: SUITE 300 CITY: RESTON STATE: VA ZIP: 20191-3458 FORMER COMPANY: FORMER CONFORMED NAME: COLUMBIA GAS SYSTEM INC DATE OF NAME CHANGE: 19920703 8-K 1 FORM 8-K, COLUMBIA ENERGY GROUP 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event Reported) May 20, 1998 ------------------------- COLUMBIA ENERGY GROUP --------------------- (Exact name of registrant as specified in its charter) Delaware 1-1098 13--1594808 - ---------------------------------- ----------------- ------------------- (State of other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.)
12355 Sunrise Valley Drive, Suite 300, Reston, VA 20191-3420 ------------------------------------------------------------ (Address of principal executive offices) Registrant's telephone number, including area code (703) 295-0300 --------------- 2 Item 5. Other Events Information contained in a News Release dated May 20, 1998, is incorporated herein by reference. 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Columbia Energy Group --------------------- (Registrant) By /s/J. W. Grossman ------------------------------ Vice President & Controller Date: May 21, 1998
EX-99 2 NEWS RELEASE DATED MAY 20, 1998 1 For Immediate Release Contact: ------- May 20, 1998 Carl Ericson (703) 295-0424 BOARD OF COLUMBIA ENERGY GROUP SPLITS STOCK, RAISES DIVIDEND HOUSTON, May 20 -- The board of directors of Columbia Energy Group today approved a three-for-two stock split of Columbia's outstanding common stock along with a 20 percent increase in the quarterly dividend, which becomes 30 cents per share of pre-split stock (20 cents per share post-split). Both actions are effective June 15 for stockholders of record as of June 1, 1998. Oliver G. Richard III, chairman, CEO and president of Columbia Energy Group, said, "I am very pleased to announce that Columbia's significant financial progress will result in an historic, first-ever stock split. The company believes that the split of its common stock will broaden its distribution and be in the best interest of the company and its stockholders." The three-for-two stock split will be accomplished by a 50-percent stock dividend, by which Columbia will issue one additional share of Columbia common stock for every two shares outstanding. The value of any fractional shares resulting from the split will be valued at the closing price on June 1 and paid in cash to the shareholders. Certificates for the additional shares resulting from the split will be mailed on the effective date, along with checks for the value of the fractional share interests. Columbia stock has traded in recent days in the low-80s; a comparable post-split stock price would be in the mid-50s. The brokers' cutoff date for the purpose of determining full-share and fractional-share requirements will be June 8, 1998. The Columbia Energy Group, located in Reston, Va., is one of the nation's leading energy companies, with assets of more than $6 billion. Its operating companies are engaged in all phases of the natural gas business plus marketing, energy management services, propane sales and electric power generation, sales and trading. Columbia companies, directly or indirectly, serve more than 7 million natural gas customers - 12 percent of the nation's total - in 15 states and the District of Columbia. 2 Information about Columbia Energy Group is available on the World Wide Web at www.columbiaenergygroup.com. Columbia stock trades on the New York Stock Exchange under the symbol CG. ###
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