Current Report Filing (8-k)
February 20 2020 - 05:30PM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
February 20, 2020
NABORS INDUSTRIES LTD.
(Exact name of registrant as specified in
its charter)
Bermuda
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001-32657
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98-0363970
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(State or Other Jurisdiction of
Incorporation or Organization)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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Crown House
4 Par-la-Ville Road
Second Floor
Hamilton, HM08 Bermuda
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N/A
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(Address of principal executive offices)
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(Zip Code)
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(441) 292-1510
(Registrant’s
telephone number, including area code)
N/A
(Former name or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
Title of each class
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Trading Symbol(s)
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Name of exchange on which
registered
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Common shares
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NBR
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NYSE
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Preferred
shares – Series A
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NBR.PRA
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NYSE
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Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of
the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth
company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02
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Results of Operations and Financial Condition.
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On February 20, 2020, Nabors Industries
Ltd. (“Nabors”) issued a press release announcing its results of operations for the three months ended December 31,
2019. A copy of that release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
On February 21, 2020, Nabors will hold
a conference call at 10 a.m. Central Time, regarding the Company’s financial results for the quarter and year ended December
31, 2019. Information about the call – including dial-in information, recording and replay of the call, and supplemental
information – is available on the Investor Relations page of www.nabors.com.
The information in this Item 2.02, including
Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act, of 1934 or otherwise
subject to liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933.
Item 7.01
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Regulation FD Disclosure.
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On February 20, 2020, the Nabors Board declared
cash dividends of (i) $0.01 per outstanding Common Share, par value $0.001 per share, which will be paid on April 2, 2020, to holders
of record at the close of business on March 12, 2020, and (ii) $0.75 per outstanding share of our 6.00% Mandatory Convertible Preferred
Shares, Series A, par value $0.001 per share, which will be paid on May 1, 2020, to holders of record at the close of business
on April 15, 2020.
The information in this Current Report on
Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended,
or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.
Item 9.01
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Financial Statements and Exhibits.
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(d) Exhibits
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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NABORS INDUSTRIES LTD.
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Date: February 20, 2020
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By:
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/s/ Mark D. Andrews
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Mark D. Andrews
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Corporate Secretary
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