false 0001630805 0001630805 2024-06-10 2024-06-10 0001630805 us-gaap:CommonStockMember 2024-06-10 2024-06-10 0001630805 BW:SeniorNotes8.125PercentageDue2026Member 2024-06-10 2024-06-10 0001630805 BW:SeriesA7.75PercentageCumulativePerpetualPreferredStockMember 2024-06-10 2024-06-10 0001630805 BW:SeniorNotes6.50PercentageDue2026Member 2024-06-10 2024-06-10 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15 (d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 10, 2024

 

BABCOCK & WILCOX ENTERPRISES, INC.
(Exact name of registrant as specified in its charter)

 

Delaware   001-36876   47-2783641
(State or other jurisdiction of
incorporation)		   (Commission File Number)   (IRS Employer Identification No.)

 

1200 EAST MARKET STREET, SUITE 650
AKRON, Ohio		   44305
(Address of principal executive offices)   (Zip Code)

 

Registrant’s Telephone Number, including Area Code: (330) 753-4511

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol   Name of Each Exchange on which
Registered
Common stock, $0.01 par value per share   BW   New York Stock Exchange
8.125% Senior Notes due 2026   BWSN   New York Stock Exchange
7.75% Series A Cumulative Perpetual Preferred Stock   BW PRA   New York Stock Exchange
6.50% Senior Notes due 2026   BWNB   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

 

Item 8.01Other Events.

 

On June 10, 2024, the board of directors of Babcock & Wilcox Enterprises, Inc., a Delaware corporation, (the “Company”) approved that the Company declare a dividend of $0.4843750 per share of its outstanding 7.75% Series A Cumulative Perpetual Preferred Stock (the “Preferred Stock”), with a record date for the dividend of June 20, 2024 and a payment date of July 1, 2024. The Preferred Stock is listed on the New York Stock Exchange under the symbol “BW PRA.”

 

 

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  BABCOCK & WILCOX ENTERPRISES, INC.
   
Date:  June 10, 2024 By:  /s/ Louis Salamone
    Louis Salamone
    Executive Vice President and Chief Financial Officer
(Principal Accounting Officer and
Duly Authorized Representative)

 

 

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