Babcock & Wilcox Regains Full Compliance with NYSE Minimum Share Price Continued Listing Criteria
September 05 2019 - 04:30PM
Business Wire
Babcock & Wilcox Enterprises, Inc. (“B&W” or the
“Company”) (NYSE:BW) announced today that the New York Stock
Exchange (NYSE) has notified the Company that it has regained full
compliance with its continued listing criteria based on the price
of B&W’s common stock.
B&W received written notification from the NYSE on September
4, 2019 that it regained compliance after the Company’s average
stock price for the 30-trading-day period ended September 4, 2019
was above the NYSE’s minimum listing criteria of $1.00. The
Company’s average share price for the period was $3.63. The
Company, which has continued to trade on the NYSE since falling
below the minimum share price, is now in compliance with all NYSE
listing criteria.
About B&W
Headquartered in Barberton, Ohio, Babcock & Wilcox is a
global leader in energy and environmental technologies and services
for the power and industrial markets. Follow us on Twitter
@BabcockWilcox and learn more at
www.babcock.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190905005654/en/
Investor Contact: Megan Wilson Vice President, Corporate
Development & Investor Relations Babcock & Wilcox
704.625.4944 | investors@babcock.com
Media Contact: Ryan Cornell Public Relations Babcock
& Wilcox 330.860.1345 | rscornell@babcock.com
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