HC Deb 13 May 1968 vol 764 c195W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer if he will set out in the OFFICIAL REPORT the actuarial calculations which led him to conclude that the increase in total distributions to shareholders by Burmah Oil Limited from 3s. to 3s. 1½d. per share did not exceed the Government's proposed ceiling on dividend increases.

Mr. Diamond

The company distributed to ordinary shareholders in respect of 1966 £19.877 million, and in respect of 1967 £19.366 million. The amount per share paid in respect of these years is substantially below that paid in respect of 1963 and 1964.