April 16 (Reuters) - Ocean RIG UDW Inc:
* OCEAN RIG UDW INC. ANNOUNCES AUTHORIZATION OF AN UP TO $150 MILLION STOCK REPURCHASE PLAN
* OCEAN RIG UDW INC - COMPANY EXPECTS TO FINANCE STOCK PURCHASES WITH EXISTING CASH BALANCES Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)