• Corporate Events;Weatherford International Ltd. (“WFT") - Effective Tuesday, May 27, 2008

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      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 08-103
      • Notice Date
      • 23 May 2008
      • Effective Date
      • 27 May 2008
    • ACTION:                                                           Weatherford International Ltd. (“WFT") has announced a 2 for 1 stock split. The Ex-distribution Date is Tuesday, May 27, 2008. The Payable Date is May 23, 2008. The Record Date is May 9, 2008.
       
      This corporate action will be coordinated with the Options Clearing Corporation. 
       
      CATEGORY:                                                     2 for 1 Split
                             
      EQUITY SYMBOL:                                            WFT (Weatherford International Ltd.)
       
      ONECHICAGO SYMBOL:                                  WFT1C remains the same         
       
      CME FUTURES SYMBOL:                                 WFT remains the same
       
      NUMBER OF CONTRACTS:                               Doubled
       
      EFFECTIVE DATE:                                           Tuesday, May 27, 2008
       
      MULTIPLIER:                                                   100 (e.g., 1.00 equals $100.00) remains the same
       
      DELIVERABLE PER CONTRACT:                      100 Weatherford International Ltd. (“WFT”) Common Shares
       
      APPLICABLE CONTRACT MONTHS:                 June, July, September, and December 2008
       
      SETTLEMENT PRICES AND POSITIONS:         The start of day prices for Tuesday, May 27, 2008 shall be adjusted by dividing the previous day’s settlement prices by 2 and rounding to the nearest penny.
       
      NOTES:                                                            The forecasted effect of the upcoming corporate event on each clearing firm’s positions can be viewed in infopac in the Corporate Event Initial Forecast Report (ONE712), the Corporate Event Final Forecast Report (ONE713), and the Corporate Event Forecast Audit Report (CPDBU710).
       
                                                                              The details after the corporate event has been applied can be viewed in the Corporate Event Activity Report (ONE711).
       
                                                                              If you have any questions regarding the information provided in the document, please call CME Clearing risk management hotline at (312) 648-3888.