SECURITIES AND EXCHANGE COMMISSION
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Item 8.01 Other Events
On November 18, 2021, NOV Inc. announced that the board of directors has reinstated its regular quarterly cash dividend of $0.05 per share of common stock, which shall be payable on December 17, 2021 to stockholders of record as of December 3, 2021. A copy of the release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
The following exhibit is provided as part of the information furnished under Item 8.01 of this Current Report:
|99.1||NOV Inc. press release dated November 18, 2021 announcing reinstatement of a regular quarterly cash dividend.|
|104||Cover Page Interactive Data File (embedded within the Inline XBRL document).|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
|Brigitte M. Hunt|
Date: November 18, 2021
|Contact: Blake McCarthy (713) 815-3535|
FOR IMMEDIATE RELEASE
NOV REINSTATES REGULAR QUARTERLY DIVIDEND
HOUSTON, TX, November 18, 2021 NOV Inc. (NYSE: NOV) today announced that its Board of Directors has reinstated its regular quarterly cash dividend of $0.05 per share of common stock.
Reinstating a regular quarterly dividend demonstrates our continued commitment to returning excess capital to our shareholders along with our growing confidence in the emerging recovery of our business, stated Clay Williams, Chairman, President and CEO.
NOVs Board of Directors approved a quarterly cash dividend of $0.05 per share of outstanding common stock, payable on December 17, 2021 to each stockholder of record on December 3, 2021.
NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOVs deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.
Visit www.nov.com for more information.
View source version on businesswire.com: [SOURCE LINK]
Source: NOV Inc.
Vice President, Corporate Development and Investor Relations
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