Direct Registration
Keeping It Simple with Direct Registration
Direct Registration is a service that allows shares
to be owned, reported and transferred electronically
without having a physical stock certificate issued.
At Baker Hughes, our goal is to build value for stockholders.
As part of this effort, we constantly look for ways
to keep stock ownership as simple and cost-effective
as possible.
More Modern Record Keeping
Direct Registration, or book-entry stock ownership,
is one of our newest services. Direct Registration
means that instead of receiving a physical stock
certificate to represent BHI common shares, your
shares are held in your name and recorded electronically
on BHI's books and records.
Safety
Holding your shares in Direct Registration relieves
your from the worry and responsibility of keeping
track of your valuable stock certificate(s). It also
saves you the time and expense of getting them replaced
if you can't find them. Under Direct Registration
ownership, you maintain your traditional voting and
other rights and benefits as a stockholder.
More Services
- For safekeeping, you can convert your existing
physical stock certificate(s) to book-entry stock
ownership
- You can sell all or some of your book-entry shares
simply by calling Mellon Investor Services, our transfer
agent.
- You can receive your dividends in cash or choose
to reinvest all or part of them to purchase additional
shares through BHI's Dividend Reinvestment Plan (the "Plan").
- You can transfer book-entry shares without having
to surrender a physical stock certificate.
- You can electronically transfer all or some of
your shares held by your broker to Direct Registration
by contacting your broker.
- You can electronically transfer all or some of
your book-entry shares to your broker at no cost
to you by calling our transfer agent.
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