FilingReader Intelligence

NorAm Drilling shares trade ex-distribution today

October 16, 2025 at 02:02 PM UTCBy FilingReader AI

As of today, October 16, 2025, shares in NorAm Drilling AS are trading ex cash distribution. This means purchasers of the company's shares from today onward will not be entitled to receive the previously announced cash distribution.

The specific cash distribution amount is $0.03 per share. This adjustment on the Oslo Stock Exchange reflects the standard procedure for such corporate actions, ensuring fair valuation for both buyers and sellers of the stock during the ex-distribution period.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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