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Deep Value Driller AS Suspends December 2025 Dividend Amid Lower Charter Rates

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Deep Value Driller AS Suspends December 2025 Dividend Amid Lower Charter Rates

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Deep Value Driller AS ( (DE:9YG) ) just unveiled an update.

Deep Value Driller AS announced that it will not distribute dividends for December 2025 due to lower applicable rates during the mobilization period under the amended bareboat charter agreement with Saipem. This decision reflects the company’s strategic financial management in response to fluctuating operational conditions, impacting its dividend distribution policy and potentially affecting investor expectations.

More about Deep Value Driller AS

Deep Value Driller AS is a company that owns a high-specification ultra-deepwater 7th generation drillship named ‘Deep Value Driller’, built in 2014. The company aims to create and maximize value for its customers and investors while ensuring safe and sustainable operations.

Average Trading Volume: 242,631

Current Market Cap: NOK2.04B

See more data about 9YG stock on TipRanks’ Stock Analysis page.

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