Brandes Investment Partners, LP (Trades, Portfolio), a prominent investment firm, has recently completed a significant transaction by selling out its entire stake in Dril-Quip Inc (DRQ, Financial). This transaction, executed on September 30, 2024, involved the sale of 3,732,716 shares at a price of $15.41 per share, marking a notable shift in the firm's investment strategy.
Shares of Dril-Quip Inc (DRQ, Financial) surged 3.32% in mid-day trading on Oct 2. The stock reached an intraday high of $15.33, before settling at $15.27, up from its previous close of $14.78.
Innovex International to Begin Trading on NYSE Under Symbol "INVX" on September 9, 2024 HOUSTON, TX / ACCESSWIRE / September 6, 2024 / Dril-Quip, Inc. (NYSE:DRQ) ("Dril-Quip" or the "Company"), a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil and gas industry, today announced it has completed its previously announ...
HOUSTON--(BUSINESS WIRE)--The Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip” or the “Company”) Board of Directors unanimously recommends and urges Dril-Quip stockholders to vote “FOR” the proposed merger with Innovex Downhole Solutions, Inc. ("Innovex") and each of the proposals to be considered at the special meeting on Thursday, September 5, 2024, at 9:30 a.m. Central Time. The merger of Dril-Quip ...
HOUSTON--(BUSINESS WIRE)--Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip” or the “Company”) today commented on the report issued by Glass, Lewis & Co. (“Glass Lewis”) on August 23, 2024 and updated on August 27, 2024 in connection with the Company's proposed merger with Innovex Downhole Solutions, Inc. (“Innovex”). Dril-Quip and its Board of Directors strongly disagree with the review and recommendati...
GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), on behalf of its clients and certain of its affiliates owns approximately 2,872,654 shares of Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip”), representing 8.34% of the 34,452,230 outstanding shares. GAMCO intends to vote “Against” the proposed merger with Innovex Downhole So...
NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Dril-Quip, Inc. (NYSE: DRQ) resulting from allegations that Dril-Quip, Inc. may have issued materially misleading business information to the investing public.
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