---
schema_version: "secwatch.filing_event.v1"
accession: "0001451505-23-000046"
form_type: "8-K"
ticker: "RIG"
cik: "0001451505"
company_name: "Transocean Ltd."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:09:18.057451+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Transocean amends articles to reflect share issuance from bond conversion

## Summary
- Amendment reflects issuance of 681 shares from conditional capital upon exercise of 0.50% exchangeable senior bonds due 2023.
- Share capital now CHF 79,724,475.30 divided into 797,244,753 fully paid registered shares.
- No change in fiscal year or other governance provisions.

## SEC filing metadata
- accession: 0001451505-23-000046
- form_type: 8-K
- ticker: RIG
- cik: 0001451505
- company_name: Transocean Ltd.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451505/000145150523000046/0001451505-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451505/000145150523000046/rig-20230330x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001451505-23-000046
- JSON: https://secwatch.observer/filing/0001451505-23-000046.json
- Plain text: https://secwatch.observer/filing/0001451505-23-000046.txt

## Key facts
- Governance Changes
  Transocean Ltd.: Amended Articles of Association to reflect share capital change from conversion of exchangeable bonds (effective 2023-03-28).
  - Change: charter amendment
  - Effective: 2023-03-28
  source text: On March 28, 2023, the Articles of Association of Transocean Ltd. the “Company”) were amended (as amended, the “Articles of Association”) to reflect changes in the Company’s total issued share capital resulting from the previous issuance of 681 Transocean Ltd. shares out of conditional capital in connection with the exercise of certain 0.50% exchangeable senior bonds due 2023 issued by Transocean Inc., a wholly-owned subsidiary of the Company, prior to their maturity on January 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1451505/000145150523000046/0001451505-23-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.