BARBERTON, Ohio--(BUSINESS WIRE)--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.
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.