Nabors Announces Results of Special Meeting of Shareholders and 1-for-50 Reverse Stock Split of its Common Shares
Nabors Industries Ltd. (NBR)
Last nabors industries ltd. earnings: 2/20 04:15 pm
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US:NYSE Investor Relations:
investor.nabors.com
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Source: PR Newswire
HAMILTON, Bermuda, April 20, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that all proposals presented at its special meeting held on Monday, April 20, 2020 were approved, including: (i) an amendment to Nabors' share capital to effect a reverse stock split of its common shares at a ratio not less than 1-for-15 and not greater than 1-for-50, with the exact ratio to be set within that range at the sole discretion of Nabors' Board of Directors before the effective date of the reverse stock split without further approval or authorization of Nabors' shareholders, together with a corresponding proportional reduction in the number of authorized common shares and a proportional increase in the par value for such authorized common shares (ii) an increase in Nabors' authorized common share capital by 100% following the proportional reduction in the number of authorized common shares as a result of the reverse stock split and (iii) an amendment to Nabors' By
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News
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NBR
Earnings
- 10/22/24 - Miss
NBR
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- NBR's page on the SEC website