The shares of Weatherford International Ltd. have been listed in accordance with the Main Standard and are traded on SIX Swiss Exchange for the first time. The opening price on SIX Swiss Exchange was CHF 19.35. This corresponds to a market capitalisation of CHF 14,7 billions.
The Management Committee of SIX Swiss Exchange is weighing the possibility of including Weatherford International in the SMI and SLI on an extraordinary basis. For that to occur, the stock based on its order book turnover and average market capitalization during the months of December, January and February must rank at least 15th for inclusion in the SMI and 20th for inclusion in the SLI.
According to the listing prospectus, 758446637 registered shares with a nominal value of CHF 1.16 were registered in the Commercial Register.
Weatherford International Ltd. is a Swiss-based, multi-national oilfield service company. It is a leading global provider of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry. Weatherford provides mechanical solutions for the industry, offering a broad and diversified portfolio of products and services on a global scale. As per 2010, Weatherford operates in over 100 countries and employs over 53,000 people worldwide.
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