Nabors Industries(MRO Quote) is further examining its practice of awarding stock options to its executives after The Wall Street Journal reported the company had backdated some of them for its chief executive officer. Eugene Isenberg received more than 25 million options from the company and earned more than $450 million in the past 19 years, the newspaper said.
The onshore driller had previously reviewed its stock options this year and had not found anything questionable. Shares of Nabors closed up 1.2% at $30.58.- Loading Comments...
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