Company: NE-WTA
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038188
Chunk: 121

Company: Noble Corp plc
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 121
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 approximately $370 million remaining, does not have a fixed expiration, and may be modified, suspended, or discontinued at any time. None of the 23,800,068 Ordinary Shares authorized for repurchase by shareholders has yet been utilized and the authorization by shareholders expires on May 8, 2030 (subject to certain exceptions). The program does not obligate us to acquire any particular amount of Ordinary Shares. During the three and six months ended June 30, 2025, we repurchased zero and 0.7 million of our Ordinary Shares, respectively. During the three and six months ended June 30, 2024, we did not repurchase any of our Ordinary Shares. All repurchased shares were subsequently cancelled.

Condensed Consolidating Financial Information

The Noble Indenture contains a covenant that requires Noble Finance II to furnish to holders of the 2030 Notes certain financial information relating to Noble Finance II and its restricted subsidiaries. The Diamond Second Lien Indenture contains a covenant that requires NODI to furnish to holders of the Diamond Second Lien Notes certain financial information relating to NODI and its subsidiaries.

The summarized financial information below reflects combined accounts of Noble Finance II, NODI, and all other subsidiaries of Noble. The financial information is presented on a combined basis and intercompany balances and transactions between entities have been eliminated.

Noble Corporation plc and SubsidiariesUnaudited Condensed Consolidating Selected FinancialsJune 30, 2025Consolidated Noble Finance II LLCConsolidated Noble Offshore Drilling, Inc.Other         Non-guarantor Subsidiaries of NobleConsolidating AdjustmentsTotalBalance SheetsCash and cash equivalents$176,431 $161,640 $114 $— $338,185 Total current assets1,853,882 716,436 80,623 (1,361,879)1,289,062 Total current liabilities671,334 377,942 1,695,311 (2,028,614)715,973 Total debt1,401,098 1,242,314 — (665,385)1,978,027 Total shareholders' equity4,658,572 923,528 3,800,154 (4,753,927)4,628,327 

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Noble Corporation plc and SubsidiariesUnaudited Condensed Consolidating Selected FinancialsSix Months Ended June 30,