ATWOOD OCEANICS DECLARES ADJUSTED QUARTERLY CASH DIVIDEND
November 19 2015 - 4:16PM
FOR IMMEDIATE RELEASE
HOUSTON, November 19, 2015 -- Atwood Oceanics,
Inc. (NYSE: ATW) announced today that its Board of Directors
has declared a quarterly cash dividend of $0.075 per share of
common stock, as compared to the previous quarterly dividend of
$0.25 per share. The dividend will be payable on January 13,
2016 to shareholders of record as of 5:00 p.m., New York City time,
on January 6, 2016. The decision to reduce the dividend
considered the current uncertainty in the offshore drilling
industry.
Atwood Oceanics, Inc. is a leading offshore
drilling contractor engaged in the drilling and completion of
exploratory and developmental wells for the global oil and gas
industry. The Company currently owns 11 mobile offshore drilling
units and is constructing two ultra-deepwater drillships. The
Company was founded in 1968 and is headquartered in Houston,
Texas. Atwood Oceanics, Inc. common stock is traded on the
New York Stock Exchange under the symbol "ATW."
As part of our ongoing commitment to our
shareholders, Atwood Oceanics uses a variety of Social Networks
sites to disseminate company information. For a full list of
the official Social Media pages for Atwood Oceanics, please visit
the Social Media Disclaimer page of our IR site at:
http://ir.atwd.com/GenPage.aspx?IID=4010374&GKP=210376.
Contact: Mark W. Smith
Senior Vice President and CFO
(281) 749-7840
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Atwood Oceanics, Inc. via Globenewswire
HUG#1968214
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