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DewDiligence

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DewDiligence

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Re: DewDiligence post# 182

Monday, 03/04/2013 8:04:49 PM

Monday, March 04, 2013 8:04:49 PM

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Addendum: Other components of HES’ counter-proposal to Elliott are: i) to increase the dividend to an annual rate of $1.00 (from $0.40 currently); and ii) to buy back up to $4B of stock, which represents 15-20% of the shares outstanding based on the current share price.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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