Weatherford International plc (OTC Pink: WFTLF) (“Weatherford” or the “Company”) today announced that The Nasdaq Stock Market LLC (“NASDAQ”) has approved its application for the relisting of Weatherford’s ordinary shares on NASDAQ under the ticker symbol “WFRD”, effective with the opening of trading on Wednesday, June 2, 2021.
Girish Saligram, President and Chief Executive Officer, commented, “We are excited to fully return to the public markets on the Nasdaq stock exchange as WFRD. We have great confidence in our operating posture and commercial profile to create sustainable profitability and believe our relisting will allow a broader base of investors the opportunity to participate in that value creation. We are incredibly proud of our heritage, which is built on a legacy of innovation and believe our best days are ahead as we forge our path as the new Weatherford.”
Weatherford is a leading wellbore and production solutions company. Operating in more than 75 countries, the Company answers the challenges of the energy industry with its global talent network of approximately 17,000 team members and approximately 380 operating locations, including manufacturing, research and development, service, and training facilities.
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