Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Weatherford Shareholders Approve Redomestication To Delaware

Weatherford Shareholders Approve Redomestication To Delaware

MT newswireMT newswire2026/09/03 21:53
05:53 PM EDT, 09/03/2026 (MT Newswires) -- Weatherford International (WFRD) shareholders approved all proposals required for the company's redomestication from Ireland to Delaware, the company said Thursday. Weatherford expects the transaction to generate about $20 million to $30 million in annual cash savings beginning in 2027 and improve adjusted free cash flow conversion. The redomestication remains subject to customary closing conditions, including the final approval by the Irish High Court. The company expects the transaction to become effective during Q4 2026, subject to those conditions.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Pacific Gas and Electric (PCG.US) joins forces with giants like Google and Tesla to launch a virtual power plant pilot project in the San Francisco Bay Area.

Pacific Gas and Electric (PCG.US) has launched a virtual power plant pilot project aimed at utilizing more than 20,000 smart home devices in the greater Bay Area.

智通财经2026/09/04 06:46
Pacific Gas and Electric (PCG.US) joins forces with giants like Google and Tesla to launch a virtual power plant pilot project in the San Francisco Bay Area.