KLX ENERGY SERVICES HOLDINGS, INC. ADOPTS LIMITED-DURATION STOCKHOLDER RIGHTS PLAN
After Careful Consideration, Company's Board Takes Action to Protect the Best Interests of All Stockholders Following New Investor's Rapid Accumulation of StockHOUSTON, Sept. 23, 2026 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) ("KLX" or the "Company" or "we") today announced that its Board of Directors (the "Board") has adopted a limited-duration stockholder rights plan (the "Rights Plan") to protect the interests of all of the Company's stockholders.
The Rights Plan is effective immediately and will expire on September 23, 2027, unless the rights are earlier redeemed, exchanged, or terminated. The Board intends to submit any extension of the Rights Plan beyond its init
