Transocean to Pay $1 Billion Dividend to Shareholders

11 dead, 17 injured and entire ecosystems and industries hang in the balance:

Barely a month after the devastating Gulf of Mexico oil rig explosion that killed 11 workers, the company announced at a meeting that it would pay its shareholders a total dividend of $1 billion this year. Last week, the company held a closed-door meeting at its office in Switzerland where the decision to make the dividend payout was made.

via Transocean to Make $1 Billion Dividend Payout to Shareholders






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