ACTION: Diamond Offshore Drilling, Inc. (“DO”) has announced a special cash dividend of $1.875 per DO Common Share. The record date is August 3, 2009; payable date is September 1, 2009. The ex-distribution date for this distribution will be July 30, 2009. Diamond Offshore has characterized this dividend as “special” and has distinguished it from the regular quarterly dividend payable on the same date.
This corporate event will be coordinated with the Options Clearing Corporation.
CATEGORY: Cash Distribution
EQUITY SYMBOL: Diamond Offshore Drilling, Inc. (“DO”)
ONECHICAGO SYMBOL: No Change
CME FUTURES SYMBOL: No Change
EFFECTIVE DATE: July 30, 2009
MULTIPLIER: 100 (e.g., 1.00 equals $100.00)
NEW DELIVERABLE PER CONTRACT: No change
APPLICABLE CONTRACT MONTHS: August, September, October, December 2009
SETTLEMENT PRICES AND POSITIONS: The start of day prices for Thursday, July 30, 2009 shall be reduced by the special cash distribution amount (i.e. $1.875) and rounded to the nearest penny from the Wednesday, July 29, 2009 settlement prices.
NOTES: The forecasted effect of the upcoming corporate event on each clearing firm’s positions can be viewed in infopac in the Corporate Event Initial Forecast Report (ONE712), the Corporate Event Final Forecast Report (ONE713), and the Corporate Event Forecast Audit Report (CPDBU710).
The details after the corporate event has been applied can be viewed in the Corporate Event Activity Report (ONE711).
If you have any questions regarding the information provided in the document, please call CME Clearing Risk Management hotline at (312) 648-3888.