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Babcock & Wilcox Regains Full Compliance with NYSE Minimum Share Price Continued Listing Criteria
Posted September 5, 2019
(BARBERTON, Ohio – September 5, 2019) – Babcock & Wilcox Enterprises, Inc. (“B&W” or the “Company”) (NYSE:BW) announced today that the New York Stock Exchange (NYSE) has notified the Company that it has regained full compliance with its continued listing criteria based on the price of B&W’s common stock.
B&W received written notification from the NYSE on September 4, 2019 that it regained compliance after the Company’s average stock price for the 30-trading-day period ended September 4, 2019 was above the NYSE’s minimum listing criteria of $1.00. The Company’s average share price for the period was $3.63. The Company, which has continued to trade on the NYSE since falling below the minimum share price, is now in compliance with all NYSE listing criteria.
About B&W
Headquartered in Barberton, Ohio, Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets. Follow us on Twitter @BabcockWilcox and learn more at www.babcock.com.