Noble Corp. board to recommend dividend increase for 2013-2014 The proposed dividend would be in the amount of $1.00 per share and would be funded from the company's capital contribution reserve. If approved by shareholders, the dividend will be paid in four equal installments of 25c per share with expected payment dates in August 2013, November 2013, February 2014 and May 2014.
Noble Corp. authorizes vote on share repurchase of up to 37M shares Noble Corporation's Board has authorized the company to seek approval from its shareholders to increase the company's authority to repurchase its outstanding shares. The approval is expected to be sought at a Special Meeting of Shareholders scheduled for December 22. The company intends to file a preliminary proxy statement with the SEC with a proposal to authorize the potential repurchase of up to an aggregate of 37M shares, or approximately 15% of the company's ordinary shares outstanding. This authorization would be in addition to the Company's existing share repurchase authorization under which approximately 4.8M shares remained available for purchase as of September 30.