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Noble Corporation
NE today
announced the results of a special meeting of shareholders of Noble
Corporation held on December 22, 2014. At the meeting, shareholders approved a
proposal authorizing the Company to purchase from time to time up to
37,000,000 ordinary shares or approximately 15 percent of the Company's
outstanding ordinary shares. The authority conferred by passage of this
proposal will expire on the later of 16 months after the meeting date or the
end of the Company's 2016 annual general meeting of shareholders. The Company
has the right to begin, suspend or discontinue share repurchases at any time
during the 16-month authorization. The Company can give no assurances
regarding the number of shares that will ultimately be repurchased or the
timing of such repurchases.
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