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Oklahoma business briefs for June 6

Oklahoma business briefs for June 6, 2014
Oklahoman Published: June 6, 2014

Oklahoma briefs

Utility awards 8 scholarships

— Kiowa Power Partners, LLC, owner of the Tenaska Kiamichi Generating Station near Kiowa, and the facility’s electricity customer, Shell Energy North America L.P., have again awarded $8,000 in college scholarships to eight Kiowa High School seniors. Since 2004, the companies have presented 93 scholarships totaling $88,000 to local students. This year, eight $1,000 scholarships were awarded to Kiowa High School students who demonstrate good character, academic achievement and leadership. “We believe in the value of education and the role it plays in developing future leaders,” said Robert Pope, plant manager at Tenaska Kiamichi. Scholarships were awarded to Rayleigh Beck, daughter of Brandon and Shelly Beck, of Kiowa; Erika Christman, daughter of Denny and Betty Christman, of Kiowa; Sarah Cole, daughter of Robert Cole, of Kiowa; Shyra Howard, daughter of Rodney and Dianne Couch, of Kiowa; Caden Shores, son of Greg and Christy Shores, of Kiowa; Madison Slawson, daughter of Paulla Slawson, of McAlester; Rylee Smith, daughter of Kevin and Pam Smith, of Blanco; and Miranda Stiles, daughter of Benny and Lorra Stiles, of Pittsburg.

AAON announces stock split

— AAON INC. has declared a 3-for-2 stock split of the company’s common stock to be paid in the form of a stock dividend on July 16. Stockholders of record at the close of business on June 27 will receive one additional share for every two shares they hold as of that date. Cash will be paid in lieu of fractional shares. The number of shares outstanding will increase from about 36.6 million to about 54.9 million. AAON CEO Norman H. Asbjornson said the stock split was aimed at increasing the company’s market liquidity.

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