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Weatherford Shareholders Approve Redomestication To Delaware

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Weatherford International (WFRD) shareholders approved all proposals required for the company's redomestication from Ireland to Delaware, the company said Thursday.

Weatherford expects the transaction to generate about $20 million to $30 million in annual cash savings beginning in 2027 and improve adjusted free cash flow conversion.

The redomestication remains subject to customary closing conditions, including the final approval by the Irish High Court.

The company expects the transaction to become effective during Q4 2026, subject to those conditions.

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