BHGE Changes Its Name to Baker Hughes Company
October 17 2019 - 8:00AM
Business Wire
Company to begin trading as BKR on the NYSE on
Oct. 18, 2019
Baker Hughes, a GE company (NYSE: BHGE) announced today its
successful name change to Baker Hughes Company. The Company will be
known as Baker Hughes, and on Oct. 18, 2019, its Class A common
stock will begin trading on the New York Stock Exchange under the
symbol “BKR”.
Baker Hughes is uniquely positioned as an energy technology
company, with a diverse portfolio that spans the entire energy
value chain. The Company’s new name and brand better reflect its
current and intended principal business operations and diversified
portfolio. These changes follow the recently-completed secondary
offering of shares of Class A common stock and concurrent share
repurchase, bringing General Electric Company and its affiliates’
ownership in the Company to below 50 percent of the voting power of
all classes of the Company’s voting stock.
About Baker Hughes
Baker Hughes is an energy technology company that provides
solutions for energy and industrial customers worldwide. Built on a
century of experience and with operations in over 120 countries,
our innovative technologies and services are taking energy forward
– making it safer, cleaner and more efficient for people and the
planet. Visit us at bakerhughes.com
Source: Baker Hughes Company
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version on businesswire.com: https://www.businesswire.com/news/home/20191017005271/en/
Media Relations Financial Comms Melanie Kania +1
713-439-8303 melanie.kania@bakerhughes.com
or External Affairs Stephanie Cathcart +1 202-549-6462
Stephanie.cathcart@bakerhughes.com
Investor Relations Jud Bailey +1 281-809-9088
investor.relations@bakerhughes.com
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