Nabors shareholders approve reverse stock split

Split-adjusted shares to trade on New York Stock Exchange starting 23 April

Stock split: company’s authorised number of common shares will also proportionally decrease to 16 million from 800 million
Stock split: company’s authorised number of common shares will also proportionally decrease to 16 million from 800 millionPhoto: REUTERS/SCANPIX
Published 20 April 2020, 22:19Updated 20 April 2020, 22:19