Borr Drilling Limited - Dividend declaration and key information relating to the cash distribution for the second quarter 2024
Borr Drilling (NYSE: BORR) (OSE: BORR) has announced a cash distribution of $0.10 per share for Q2 2024. This distribution of paid-in capital was approved by the company's Board of Directors on August 14, 2024. Due to the implementation of the Central Securities Depository Regulation (CSDR) in Norway and different settlement periods between NYSE (T+1) and OSE (T+2), there will be different ex-dividend dates for the two exchanges. The ex-date for OSE is August 21, 2024, while for NYSE it's August 22, 2024. The record date is August 22, 2024, with payment expected around September 6, 2024. Shareholders registered with Euronext VPS will receive the distribution in NOK, with an expected payment date of September 11, 2024.
Borr Drilling (NYSE: BORR) (OSE: BORR) ha annunciato una distribuzione in contante di $0,10 per azione per il secondo trimestre del 2024. Questa distribuzione di capitale versato è stata approvata dal Consiglio di Amministrazione dell'azienda il 14 agosto 2024. A causa dell'implementazione del Regolamento sulla Depositaria Centrale (CSDR) in Norvegia e delle diverse periodi di regolamento tra NYSE (T+1) e OSE (T+2), ci saranno diverse date ex-dividendo per le due borse. La data ex per OSE è il 21 agosto 2024, mentre per NYSE è il 22 agosto 2024. La data di registrazione è il 22 agosto 2024, con il pagamento previsto intorno al 6 settembre 2024. Gli azionisti registrati con Euronext VPS riceveranno la distribuzione in NOK, con una data di pagamento prevista per l'11 settembre 2024.
Borr Drilling (NYSE: BORR) (OSE: BORR) ha anunciado una distribución en efectivo de $0.10 por acción para el segundo trimestre de 2024. Esta distribución de capital aportado fue aprobada por la Junta Directiva de la compañía el 14 de agosto de 2024. Debido a la implementación del Reglamento de la Caja de Valores Central (CSDR) en Noruega y a los diferentes períodos de liquidación entre NYSE (T+1) y OSE (T+2), habrá diferentes fechas de ex-dividendo para las dos bolsas. La fecha ex para OSE es el 21 de agosto de 2024, mientras que para NYSE es el 22 de agosto de 2024. La fecha de registro es el 22 de agosto de 2024, con el pago esperado alrededor del 6 de septiembre de 2024. Los accionistas registrados en Euronext VPS recibirán la distribución en NOK, con una fecha de pago esperada para el 11 de septiembre de 2024.
Borr Drilling (NYSE: BORR) (OSE: BORR)가 2024년 2분기 주당 $0.10의 현금 배당금을 발표했습니다. 이 자본금 배당은 2024년 8월 14일 회사 이사회의 승인을 받았습니다. 노르웨이에서 중앙 증권 예탁 규정(CSDR)이 시행되고 NYSE(T+1)와 OSE(T+2) 간의 정산 주기가 다르기 때문에 두 거래소에서 다른 배당락 날짜가 있을 것입니다. OSE의 배당락 날짜는 2024년 8월 21일이며, NYSE의 배당락 날짜는 2024년 8월 22일입니다. 기록 날짜는 2024년 8월 22일이며, 지급은 2024년 9월 6일 경에 이루어질 것으로 예상됩니다. Euronext VPS에 등록된 주주들은 NOK로 배당금을 받을 것이며, 지급 예정일은 2024년 9월 11일입니다.
Borr Drilling (NYSE: BORR) (OSE: BORR) a annoncé une distribution en espèces de 0,10 USD par action pour le deuxième trimestre 2024. Cette distribution de capital versé a été approuvée par le conseil d'administration de l'entreprise le 14 août 2024. En raison de la mise en œuvre du Règlement sur le dépôt central de titres (CSDR) en Norvège et des différents délais de règlement entre la NYSE (T+1) et l'OSE (T+2), il y aura différentes dates ex-dividende pour les deux bourses. La date ex pour l'OSE est le 21 août 2024, tandis que pour la NYSE, elle est le 22 août 2024. La date de référence est le 22 août 2024, avec un paiement attendu autour du 6 septembre 2024. Les actionnaires enregistrés auprès d'Euronext VPS recevront la distribution en NOK, avec une date de paiement prévue le 11 septembre 2024.
Borr Drilling (NYSE: BORR) (OSE: BORR) hat eine Barausschüttung von 0,10 USD pro Aktie für das 2. Quartal 2024 angekündigt. Diese Ausschüttung aus einbehaltenem Kapital wurde vom Vorstand des Unternehmens am 14. August 2024 genehmigt. Aufgrund der Einführung der zentralen Wertpapierverwahrungsverordnung (CSDR) in Norwegen und der unterschiedlichen Abwicklungszeiten zwischen NYSE (T+1) und OSE (T+2) wird es unterschiedliche Ex-Dividenden-Daten für die beiden Börsen geben. Das Ex-Datum für OSE ist der 21. August 2024, während es für NYSE der 22. August 2024 ist. Das Stichtagsdatum ist der 22. August 2024, mit einer Zahlung, die um den 6. September 2024 erwartet wird. Aktionäre, die bei Euronext VPS registriert sind, erhalten die Ausschüttung in NOK, mit einem voraussichtlichen Zahlungstermin am 11. September 2024.
- Approved cash distribution of $0.10 per share for Q2 2024
- Timely dividend payment schedule announced
- None.
Insights
Borr Drilling's announcement of a
Investors should note the different ex-dividend dates for NYSE and OSE due to settlement changes. This complexity might cause short-term price discrepancies between the exchanges. The distribution, while modest, represents a
This dividend declaration by Borr Drilling is a positive indicator for the offshore drilling industry's recovery. It suggests improved market conditions and increased demand for drilling services, likely driven by higher oil prices and renewed exploration activities.
The company's ability to distribute cash to shareholders implies:
- Strong operational performance
- Healthy balance sheet
- Positive future outlook
Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository:
Due to implementation of the Central Securities Depository Regulation (CSDR) in
Effective as of May 28, 2024, the New York Stock Exchange ("NYSE") settles its trades on a T+1 basis, while the Oslo Stock Exchange ("OSE") continues to settle its trades on a T+2 basis. As a result, there will be different ex-dividend dates between the two exchanges, as set out below.
Key information:
Distribution amount:
Declared currency: USD.
Dividends payable to shares registered with Euronext VPS will be distributed in NOK with fixing date on 11 September, 2024.
Date of approval: 14 August, 2024
Last day including right OSE: 20 August, 2024
Last day including right NYSE: 21 August, 2024
Ex-date OSE: 21 August, 2024
Ex-date NYSE: 22 August, 2024
Record date: 22 August, 2024
Payment date: On or about 6 September, 2024.
Due to the implementation of CSDR in
This information is published in accordance with the requirements of the Continuing Obligations.
CONTACT:
Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208
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SOURCE Borr Drilling Limited
FAQ
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