other material
confidence high
sentiment neutral
materiality 0.70
Weatherford shareholders approve redomestication to Delaware; court approval pending
Weatherford International plc
- Scheme Meeting and EGM on Sept 3, 2026 approved scheme of arrangement with 64.0M votes for (89.77% quorum).
- Redomestication will exchange Irish ordinary shares for Weatherford-US (Delaware) common stock.
- High Court of Ireland sanction still required; closing expected in Q4 2026.
- Capital reduction and share issuance proposals also passed at EGM.
- All proposals relate to moving domicile from Ireland to the United States.