Weatherford shareholders approve Ireland-to-Delaware redomestication at meetings - WFRD News | RalliesWeatherford shareholders approve Ireland-to-Delaware redomestication at meetings
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WFRD• Shareholders approve redomestication plan
- Weatherford International plc held a board-convened scheme meeting and an extraordinary general meeting on Sept. 03, 2026.
- Shareholders adopted all resolutions needed to move the company’s corporate domicile from Ireland to Delaware.
- The redomestication was authorized but not yet completed; it still requires Irish High Court approval and other customary closing conditions.
- Weatherford expects the transaction to take effect in the fourth quarter of 2026.
- Management forecasts annual cash savings of USD 20 million to USD 30 million starting in 2027.
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