How will the two-for-one stock split affect my share ownership in FTI?
Shareholders of record on March 14, 2011, will receive one additional share of common stock on March 31, 2011, for each share held. During the period between March 14, 2011 and March 31, 2001, the stock will trade "regular way with due bills". Anyone who purchases the stock up through the distribution date of March 31, 2011, is entitled to receive the split shares (due bill attachment). Anyone who sells the stock prior to the distribution date looses the right to the split shares. FMC Technologies common stock will begin trading on a split adjusted basis on April 1, 2011. The value of your FTI Stock investment will not change due to the two-for-one split. After the split, you will own approximately twice as many shares of FMC Technologies stock. However, the price of those shares will be approximately half of what it was just prior to the stock split so the total value of the investment remains the same.
When was FMC Technologies' initial public offering and what was the price?
FMC Technologies initial public offering occurred June 14, 2001. 11,050,000 shares were offered on the New York Stock Exchange at $20.00 per share.
How do I purchase stock in FMC Technologies, Inc.?
You need to contact a licensed stockbroker to purchase shares in the company.
Does FMC Technologies pay dividends?
We do not intend to pay cash dividends on our common stock for the foreseeable future. Instead, we intend to invest all available funds and any future earnings in the operation and growth of our business, and for share repurchases.
Does the company have a dividend reinvestment program (DRIP)?
No. At this time FMC Technologies does not pay dividends.
When are quarterly earnings released?
Each quarter the company issues an earnings news release, which summarizes its financial performance, and files a Form 10Q with the U.S. Securities and Exchange Commission (SEC). The news releases and SEC filings can be found elsewhere on this web site (See Press Releases or Financial Information). In addition, the company conducts a conference call to provide investors the opportunity to interact with management. The conference calls are broadcast live on the Internet. For specific dates, see our Events & Presentations.
Does FMC Technologies conduct quarterly conference calls with analysts? If so, how can I listen to the calls?
Yes, we conduct analyst calls on the morning after our quarterly earnings release dates (See Events & Presentations). Call notices and instructions on how you may participate in the calls are posted on our web site.
When did the spin-off of FoodTech and Airport Systems occur? What was the tax basis for the spin-off?
The 100% spin-off of the FoodTech and Airport Systems businesses into a new company, JBT Corporation, occurred on July 31, 2008. Click here for the official press release. As a part of the spin-off the FMC Technologies stockholders received a distribution of JBT Corporation common stock. The link below provides information on the tax basis of this distribution:
How can I obtain financial information, including reports filed with the Securities and Exchange Commission (SEC)?
Annual Reports, Form 10-Ks, Form 10-Qs and other reports are available for viewing under Financial Information on this web site. To sign up to receive an automatic electronic link when the Annual Report or latest SEC filing is available, visit E-Mail Alerts.
Can I get e-mail alerts of news releases issued by FMC Technologies?
Where can I find general information about FMC Technologies?
General information regarding the company, including a brief history, descriptions of our businesses and locations, along with other Company information can be found on the FMC Technologies homepage (www.fmctechnologies.com).
You may also contact Corporate Communications at 281-591-4000, or simply click on corporate.info@fmcti.com.
How do I contact Investor Relations by telephone or mail?
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