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Maersk Drilling has lost USD 2.6 billion in market value in one year

Saturday will mark one year since Maersk Drilling was listed on the stock exchange. The share has so far gone down by 73,9 percent, and the company is facing a market in the doldrums with voided contracts after big drops in the oil price. The company held its general assembly today, Thursday.

Maersk Drilling blev noteret på Københavns Fondsbørs 4. april 2019. Det var dermed kulminationen på udskillelsen fra Maersk. | Photo: Handout/Reuters/Ritzau Scanpix

There has so far not been much to be pleased about for the shareholders since Maersk Drilling's management one year ago pushed the button and put the company on the stock exchange.

Since the first day of trading, on April 4, 2019, the share has gone down 73,9 percent from its opening price of DKK 570 (USD 83.5). This corresponded to a market value of DKK 23.9 billion.

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