Borr Drilling Limited - Dividend declaration and key information relating to the cash distribution for the fourth quarter 2024
Rhea-AI Summary
Borr Drilling (NYSE: BORR) has announced a cash distribution of $0.02 per share for the fourth quarter of 2024. The distribution was approved by the Company's Board of Directors and will be paid to shareholders of record on March 3, 2025. For NYSE-traded shares, the ex-date is March 3, 2025, with payment expected around March 19, 2025.
For shareholders registered in Euronext VPS (Norwegian Central Security Depository), the ex-date is set for February 28, 2025, with payment expected around March 24, 2025.
AI-generated analysis. Not financial advice.
Positive
- Declared quarterly dividend of $0.02 per share
- Maintains consistent shareholder return policy
Negative
- None.
News Market Reaction – BORR
On the day this news was published, BORR gained 2.35%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
For the shares traded on NYSE, the ex-date is March 3, 2025, and payment date will be on or about March 19, 2025.
For shareholders registered in Euronext VPS, the Norwegian Central Security Depository, the ex-date will be February 28, 2025 and payment date is expected to be on or about March 24, 2025.
CONTACT:
Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208
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SOURCE Borr Drilling Limited