AMSTERDAM, Oct. 11, 2016 /PRNewswire/ -- The Board of Supervisory Directors of Core
Laboratories N.V. (NYSE: "CLB US" and Euronext Amsterdam: "CLB NA") has announced a cash dividend of $0.55 per share of common stock payable in the fourth quarter of 2016. The quarterly $0.55 per share cash dividend will be payable on Tuesday, 22 November 2016, to
shareholders of record on Friday, 21 October 2016. Dutch withholding tax will be deducted from the
dividend at a rate of 15%. With this fourth quarter dividend, the total payout during the year 2016 will be $2.20 per share of common stock.
Any determination to declare a future quarterly cash dividend, as well as the amount of any such cash dividend that may be
declared, will be based on the Company's financial position, earnings, earnings outlook, capital expenditure plans, ongoing share
repurchases, potential acquisition opportunities, and other relevant factors at the time.
The Company has scheduled a conference call to discuss Core's third quarter 2016 earnings. The call will begin at 7:30 a.m. CDT / 2:30 p.m. CEST on Thursday, 20 October
2016. To listen to the call, please go to Core's website at www.corelab.com.
Core Laboratories N.V. (www.corelab.com) is a leading
provider of proprietary and patented reservoir description, production enhancement, and reservoir management services used to
optimize petroleum reservoir performance. The Company has over 70 offices in more than 50 countries and is located in every major
oil-producing province in the world.
This release includes forward-looking statements regarding the future revenues, profitability, business strategies and
developments of the Company made in reliance upon the safe harbor provisions of Federal securities law. The Company's outlook is
subject to various important cautionary factors, including risks and uncertainties related to the oil and natural gas industry,
business conditions, international markets, international political climates and other factors as more fully described in the
Company's 2015 Annual Report on Form 10-K filed on 12 February 2016, and in other securities
filings. These important factors could cause the Company's actual results to differ materially from those described in these
forward-looking statements. Such statements are based on current expectations of the Company's performance and are subject to a
variety of factors, some of which are not under the control of the Company. Because the information herein is based solely on
data currently available, and because it is subject to change as a result of changes in conditions over which the Company has no
control or influence, such forward-looking statements should not be viewed as assurance regarding the Company's future
performance. The Company undertakes no obligation to publicly update any forward-looking statement to reflect events or
circumstances that may arise after the date of this press release.
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SOURCE Core Laboratories N.V.