8-K
filed May 26, 2026, 5:10 PM ET
ticker RIG
CIK 0001451505
other material
confidence high
sentiment neutral
materiality 0.55
Transocean shareholders approve up to 240.8M share capital authorization; 100M shares issued into treasury
Transocean Ltd.
- AGM approved issuance of up to 240,801,936 shares, expiring May 22, 2027.
- 100,000,000 shares issued into treasury; total shares now 1,304,009,681.
- Finance Committee dissolved effective July 1, 2026.
- All 11 director nominees elected; say-on-pay passed with 486.9M votes for.
- Share capital increased to $130,400,968.10; issuance exempt under Section 4(a)(2).
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Transocean Ltd.: Amended Organizational Regulations to dissolve the Finance Committee, effective July 1, 2026 (effective 2026-07-01).
- Change
- bylaw amendment
- Effective
- 2026-07-01
Exact text from the filing
the Board of Directors of the Company approved an amendment to the Organizational Regulations, to be effective as of July 1, 2026, (as amended, the “Organizational Regulations”) to reflect the dissolution of the Finance Committee
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Transocean Ltd.: Amended Articles of Association to authorize issuance of up to 240,801,936 shares and update share capital (effective 2026-05-22).
- Change
- charter amendment
- Effective
- 2026-05-22
Exact text from the filing
the Company approved an amendment to the Articles of Association of the Company to permit the issuance of up to 240,801,936 shares, par value U.S. $0.10 per share (“Shares”), for a term expiring on May 22, 2027
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Discharge of the Members of the Board of Directors and the Executive Management Team from liability for activities during Fiscal Year 2025.
- Outcome
- passed
Exact text from the filing
2. Proposal regarding the discharge of the Members of the Board of Directors and the Executive Management Team from liability for activities during Fiscal Year 2025.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Advisory vote to approve the Company’s Swiss Statutory Report on Non-Financial Matters Report for Fiscal Year 2025.
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
1. (C) Proposal regarding the advisory vote to approve the Company’s Swiss Statutory Report on Non-Financial Matters Report for Fiscal Year 2025.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Appropriation of the Accumulated Losses for Fiscal Year 2025.
- Outcome
- passed
Exact text from the filing
3. Proposal regarding the Appropriation of the Accumulated Losses for Fiscal Year 2025.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Election of the Chair of the Board of Directors for a term extending until completion of the next Annual General Meeting.
- Outcome
- passed
Exact text from the filing
6. Proposal regarding the election of the Chair of the Board of Directors for a term extending until completion of the next Annual General Meeting.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2026 and reelection of Ernst & Young Ltd, Zurich, as the Company’s Auditor for a further one-year term.
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
9. Proposal regarding the ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2026 and reelection of Ernst & Young Ltd, Zurich, as the Company’s Auditor for a further one-year term.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Advisory vote to approve the Company’s Swiss Statutory Compensation Report for Fiscal Year 2025.
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
1. (B) Proposal regarding the advisory vote to approve the Company’s Swiss Statutory Compensation Report for Fiscal Year 2025.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Approval of the 2025 Annual Report, including the Audited Consolidated Financial Statements and Audited Statutory Financial Statements for Fiscal Year 2025.
- Outcome
- passed
Exact text from the filing
1. (A) Proposal regarding the approval of the 2025 Annual Report, including the Audited Consolidated Financial Statements of the Company. for Fiscal Year 2025 and the Audited Statutory Financial Statements of the Company for Fiscal Year 2025.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Election of the members of the Compensation Committee, each for a term extending until completion of the next Annual General Meeting.
- Outcome
- passed
Exact text from the filing
7. Proposal regarding the election of the members of the Compensation Committee, each for a term extending until completion of the next Annual General Meeting.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Approval of Shares authorized for issuance.
- Proposal
- equity plan
- Outcome
- passed
Exact text from the filing
4. Proposal regarding the approval of Shares authorized for issuance.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Reelection of the independent proxy for a term extending until completion of the next Annual General Meeting.
- Outcome
- passed
Exact text from the filing
8. Proposal regarding the reelection of the independent proxy for a term extending until completion of the next Annual General Meeting.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Transocean Ltd. shareholders approved Election of 11 directors, each for a term extending until completion of the next Annual General Meeting.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
5. Proposals regarding the election of 11 directors, each for a term extending until completion of the next Annual General Meeting.
View on SEC.gov
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