HOUSTON,
March 24, 2022
/PRNewswire/ -- Diamond Offshore Drilling, Inc. ("Diamond" or the
"Company") today announced that the Company has received approval
to relist its unrestricted common stock on the New York Stock
Exchange (NYSE) under the ticker symbol "DO." The Company expects
the common stock to commence trading on or about Wednesday, March 30, 2022.
Bernie Wolford, Jr., President
and Chief Executive Officer, stated, "We are excited to return to
the public markets on the NYSE. The relisting of our common stock
is another important step in strengthening our capital structure to
position Diamond for long-term success and growth."
ABOUT DIAMOND OFFSHORE
Diamond Offshore is a leader in offshore drilling, providing
innovation, thought leadership and contract drilling services to
solve complex deepwater challenges around the globe. Additional
information and access to the Company's SEC filings are available
at www.diamondoffshore.com.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release are forward-looking
statements within the meaning of and made pursuant to the safe
harbor provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such statements may include, but are not limited to,
statements concerning future listing and trading of the Company's
common stock, impact of the listing and other statements that are
not of historical fact. Forward-looking statements are inherently
uncertain and subject to a variety of assumptions, risks and
uncertainties, many of which are beyond the Company's control, that
could cause actual results to differ materially from those
currently anticipated or expected by management of the Company. A
discussion of certain of the risk factors and other considerations
that could materially impact these matters as well as the Company's
overall business and financial performance can be found in the
Company's reports filed with the Securities and Exchange
Commission, and readers of this press release are urged to review
those reports carefully when considering these forward-looking
statements. Given these risk factors and other
considerations, investors and analysts should not place undue
reliance on forward-looking statements. Each forward-looking
statement speaks only as of the date of such statement, and the
Company expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statement to reflect any change in the Company's expectations with
regard thereto or any change in events, conditions or circumstances
on which any forward-looking statement is based.
Contact:
Samir Ali
Vice President, Investor Relations & Corporate Development
(281) 647-4035
View original content to download
multimedia:https://www.prnewswire.com/news-releases/diamond-offshore-announces-relisting-on-nyse-301509630.html
SOURCE Diamond Offshore Drilling, Inc.