Transocean Ltd. Announces Schedule for Second Dividend Installment and Currency Election Period
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Transocean Ltd. /
Transocean Ltd. Announces Schedule for Second Dividend Installment and Currency
Election Period
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The issuer is solely responsible for the content of this announcement.
ZUG, SWITZERLAND--(Marketwire - August 11, 2011) - Transocean Ltd. (NYSE: RIG)
(SIX: RIGN) today announced the schedule for the second installment of its
dividend of approximately U.S. $1 billion to be paid out of additional paid in
capital. The second installment is $0.79 per outstanding share, or approximately
$252.7 million in total, based on the current number of the company's
outstanding shares.
The dividend is denominated in U.S. dollars and represents the second of four
installments totaling $3.16 per outstanding share. The dividend was approved by
shareholders at the company's Annual General Meeting on May 13, 2011.
Second Installment Schedule
* August 24, 2011 - Ex-dividend date
* August 26, 2011 - Record date
* September 21, 2011 - Installment payment date
Currency Election Period
For shareholders who choose to receive the second dividend installment in Swiss
francs, the dividend payment will be converted into Swiss francs as transacted
by BNY Mellon on or about September 14, 2011. The period to elect to receive
payment of the second dividend installment in Swiss francs starts on August
29, 2011, 5 p.m. EDT, 11 p.m. CEST, and ends on September 2, 2011, 5 p.m. EDT,
11 p.m. CEST.
NOTE: NO ACTION IS REQUIRED IF YOU WISH TO RECEIVE YOUR DIVIDEND IN U.S.
DOLLARS.
Holders of shares registered in our share register who would like to receive the
second dividend installment in Swiss francs must make their election in writing
to the following address during the election period:
BNY Mellon Shareowner Services Attn: Steven Myers 480 Washington Boulevard 29th
Floor Jersey City, NJ 07310 USA
Email: steven.myers(at)bnymellon.com
Fax: +1 201-680-4606 Phone: +1 201-680-5333
If you hold your shares in the name of a bank, broker or nominee, please contact
your bank, broker or nominee to make the election arrangements.
Forward-Looking Statements
Statements regarding the dividend and timing of dividend payment dates, as well
as any other statements that are not historical facts, are forward-looking
statements that involve certain risks, uncertainties and assumptions. These
include but are not limited to the number of shares outstanding at the time of
the payment of the dividend, exchange rates, actions by regulatory authorities,
and other factors detailed in the company's most recent Form 10-K, Form 10-Q,
and other filings with the Securities and Exchange Commission (SEC), which are
available free of charge on the SEC's website at www.sec.gov. Should one or more
of these risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those indicated.
About Transocean
Transocean is the world's largest offshore drilling contractor and the leading
provider of drilling management services worldwide. With a fleet of 134 mobile
offshore drilling units as well as four High-Specification Jackups under
construction, Transocean's fleet is considered one of the most modern and
versatile in the world due to its emphasis on technically demanding segments of
the offshore drilling business. Transocean owns or operates a contract drilling
fleet of 48 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-
Environment semisubmersibles and drillships), 25 Midwater Floaters, nine High-
Specification Jackups, 51 Standard Jackups and one swamp barge utilized in the
support of offshore drilling activities.
For more information about Transocean, please visit our website at
www.deepwater.com.
Contact Information
Analyst Contact
Thad Vayda
+1 713-232-7551
Chris Kettmann
+1 713-232-7420
Media Contact:
Guy A. Cantwell
+1 713-232-7647
--- End of Message ---
Transocean Ltd.
Chemin de Blandonnet 10 Vernier Switzerland
ISIN: CH0048265513;
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Transocean Ltd. via Thomson Reuters ONE
[HUG#1538072]
Unternehmensinformation / Kurzprofil:
Datum: 11.08.2011 - 22:15 Uhr
Sprache: Deutsch
News-ID 57197
Anzahl Zeichen: 5144
contact information:
Town:
Vernier
Kategorie:
Business News
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