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Stock impact report

Babcock & Wilcox Announces Rights Offering For Common Stock

Babcock & Wilcox Enterprises, Inc. (BW) 
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm Check Earnings Report
US:NYSE Investor Relations: babcockwinery.com
Company Research Source: Business Wire
BARBERTON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. ("B&W" or the “Company”) (NYSE: BW) announced today that its Board of Directors has approved a record date and subscription period for the rights offering originally announced on April 5, 2019. Assuming B&W’s registration statement relating to the rights offering is declared effective, the Company will distribute to each holder of the Company’s common stock one non-transferable subscription right to purchase 0.986896 shares of the Company’s common stock at a price of $0.30 per whole share for each share of the Company’s common stock held as of 5:00 p.m., New York City time, on June 27, 2019 (the “rights offering record date”). The Company will not issue any fractional shares of the Company’s common stock in the rights offering, and all exercises of subscription rights will be rounded to the nearest whole share. In addition, the Company will not iss Show less Read more
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