ZUG, SWITZERLAND--(Marketwire - March 07, 2013) - Transocean Ltd. RIG RIGN today announced that certain Funds affiliated with Carl Icahn submitted to the company for vote at its 2013 Annual General Meeting of Shareholders ("AGM") a dividend proposal of $4.00 per share. Additionally, the Funds provided a notice of nomination of 3 director candidates for election to Transocean's Board of Directors at its 2013 AGM and a proposal to repeal the company's staggered board. The Transocean Board of Directors will evaluate the proposals in due course.
FOR FURTHER INFORMATION PLEASE CONTACT:
Guy Cantwell
713-232-7647
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
