Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
On April 17, 2020, the NYSE filed a Form 25 with the SEC. The delisting of our ordinary shares from the New York Stock Exchange became effective on April 27, 2020. Our ordinary shares were deregistered under Section 12(b) of the Exchange Act on
Weatherford International plc – 2020 Form 10-K | 19
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July 16, 2020. We continue to evaluate listing options and intend to relist our ordinary shares when our Board of Directors determines market conditions are appropriate. The Company intends to continue filing periodic reports with the SEC on a voluntary basis. Our ordinary shares continue to trade on the OTC Pink Marketplace under the ticker symbol “WFTLF”. As of February 12, 2021, there were 74 shareholders of record. The actual number of shareholders is considerably greater than the number of shareholders of record and includes shareholders who are beneficial owners but whose shares are held in street name by brokers and other nominees.
Item 6. Selected Financial Data
Our historical consolidated financial data for our Successor and Predecessor Periods are provided within “Item 7. – Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Item 8. – Financial Statements and Supplementary Data.” Discussion of material uncertainties is included in “Item 8. – Financial Statements and Supplementary Data – Notes to Consolidated Financial Statements – Note 19 – Disputes, Litigation and Legal Contingencies.” We have not declared dividends to shareholders’ in the years presented in this report.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.