AMSTERDAM, July 6, 2017 /PRNewswire/ -- The Board of
Supervisory Directors of Core Laboratories N.V. (NYSE: "CLB US" and Euronext Amsterdam Exchange: "CLB NA") has announced a cash
dividend of $0.55 per share of common stock payable in the third quarter of 2017. This third
quarter dividend would mean a total payout of $2.20 per share of common stock, if maintained for
the entire year. The quarterly $0.55 per share cash dividend will be payable on Monday,
14 August 2017, to shareholders of record on Monday, 17 July 2017.
Dutch withholding tax will be deducted from the dividend at a rate of 15%.
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 second quarter 2017 earnings. The call will begin at
7:30 a.m. CDT / 2:30 p.m. CEST on Tuesday, 25
July 2017. 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 and production enhancement 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 2016 Form 10-K filed on 10 February 2017, 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.