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Stock impact report

Ensco Rowan plc Receives Investor Proposal

ENSCO (ESV) 
Last ensco earnings: 5/1 06:53 pm Check Earnings Report
US:NYSE Investor Relations: enscoplc.com/investors/default.aspx
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)-- The Ensco Rowan plc (NYSE: ESV) (“EnscoRowan” or the “Company”) board of directors received a proposal from Luminus Management, LLC (“Luminus”) dated June 12, 2019 (“the Proposal”). EnscoRowan’s board of directors welcomes investor perspectives on matters such as the Company’s capital structure and the return of capital to shareholders, and will evaluate the Proposal. The Company proactively evaluates and manages its capital structure to execute its strategic priorities and deliver value for shareholders. To achieve these objectives, the Company has significant financial flexibility within its capital structure, including the ability to issue debt that would be structurally senior to the Company’s currently outstanding debt on both an unsecured and secured basis. EnscoRowan uses its website to disclose material and non-material information to investors, customers, employ Show less Read more
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