ONEOK Confirms NYSE Listing for Common Stock in 8-K Filing
Ticker: OKE · Form: 8-K · Filed: Jan 18, 2024 · CIK: 1039684
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, corporate-governance, exchange-listing
TL;DR
**ONEOK just filed an 8-K confirming its common stock is listed on the NYSE.**
AI Summary
ONEOK, Inc. filed an 8-K on January 17, 2024, to disclose that its common stock, with a par value of $0.01, is registered on the New York Stock Exchange under the trading symbol OKE. This filing confirms the company's compliance with SEC regulations and provides updated corporate information, including its Oklahoma incorporation and business address in Tulsa. For investors, this matters as it reaffirms the stock's listing on a major exchange, ensuring liquidity and transparency for current and potential shareholders.
Why It Matters
This filing confirms ONEOK's continued compliance with SEC regulations and its listing on the NYSE, which is crucial for investor confidence and stock liquidity.
Risk Assessment
Risk Level: low — This filing is purely administrative, confirming existing information, and introduces no new financial or operational risks.
Analyst Insight
This filing is routine and confirms existing information, so a smart investor would not take any immediate action based solely on this 8-K, but rather use it as confirmation of the company's regulatory compliance.
Key Numbers
- $0.01 — Par value per share (The stated par value of ONEOK's common stock.)
Key Players & Entities
- ONEOK, Inc. (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where ONEOK's common stock is registered
- $0.01 (dollar_amount) — par value of ONEOK's common stock
- January 17, 2024 (date) — date of earliest event reported in the 8-K
- Oklahoma (company) — state of incorporation for ONEOK, Inc.
Forward-Looking Statements
- ONEOK will continue to maintain its listing on the New York Stock Exchange. (ONEOK, Inc.) — high confidence, target: 2025-01-17
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is ONEOK, Inc.
On what date was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was January 17, 2024.
What is the trading symbol for ONEOK, Inc.'s common stock?
The trading symbol for ONEOK, Inc.'s common stock is OKE.
On which exchange is ONEOK, Inc.'s common stock registered?
ONEOK, Inc.'s common stock is registered on the New York Stock Exchange.
What is the par value of ONEOK, Inc.'s common stock?
The par value of ONEOK, Inc.'s common stock is $0.01.
Filing Stats: 742 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-01-18 17:10:25
Key Financial Figures
- $0.01 — registered Common stock, par value of $0.01 OKE New York Stock Exchange Indicate
- $3.96 — resulting in an annualized dividend of $3.96 per share. The dividend is payable Febr
- $2.0 billion — hat our board of directors authorized a $2.0 billion share repurchase program. Item 8.01 O
Filing Documents
- oke-20240117.htm (8-K) — 28KB
- a01-17x2024dividendnewsr.htm (EX-99.1) — 7KB
- a01-17x2024dividendnewsr001.jpg (GRAPHIC) — 175KB
- a01-17x2024dividendnewsr002.jpg (GRAPHIC) — 237KB
- oke-20240117_g1.jpg (GRAPHIC) — 13KB
- 0001039684-24-000004.txt ( ) — 796KB
- oke-20240117.xsd (EX-101.SCH) — 3KB
- oke-20240117_def.xml (EX-101.DEF) — 14KB
- oke-20240117_lab.xml (EX-101.LAB) — 27KB
- oke-20240117_pre.xml (EX-101.PRE) — 16KB
- oke-20240117_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On January 17, 2024, we announced that our board of directors declared a quarterly cash dividend of 99 cents per share of common stock, an increase of 3.7% from the previous quarter, resulting in an annualized dividend of $3.96 per share. The dividend is payable February 14, 2024, to shareholders of record at the close of business January 30, 2024. A copy of the news release is attached as Exhibit 99.1 and is incorporated herein by reference. On January 17, 2024, we announced that our board of directors authorized a $2.0 billion share repurchase program.
01 Other Events
Item 8.01 Other Events On January 17, 2024, we announced that our board of directors declared a quarterly cash dividend of 99 cents per share of common stock, an increase of 3.7% from the previous quarter, resulting in an annualized dividend of $3.96 per share. The dividend is payable February 14, 2024, to shareholders of record at the close of business January 30, 2024. On January 17, 2024, our board of directors authorized a share repurchase program for the repurchase of up to $2.0 billion of the our outstanding common stock. We expect for shares to be acquired from time to time in open-market transactions or through privately negotiated transactions at our discretion, subject to market conditions and other factors. The share repurchase program is effective immediately and will terminate upon completion of the repurchase of $2.0 billion of common stock, in all cases plus or minus 10 percent to allow for final share settlement, or on January 1, 2029, whichever occurs first.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 99.1 News release issued by ONEOK, Inc., dated January 17, 2024 104 Cover page interactive data file (embedded within the Inline XBRL document and contained in Exhibit 101). 2 SIGNATURE Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. ONEOK, Inc. Date: January 18, 2024 By: /s/ Walter S. Hulse III Walter S. Hulse III Chief Financial Officer, Treasurer and Executive Vice President, Investor Relations and Corporate Development 3