Teekay Corp Ltd. Files 6-K with SEC

TL;DR

Teekay Corp Ltd. filed a 6-K on 10/30/2024, confirming its Bermuda HQ and SEC file number.

AI Summary

Teekay Corporation Ltd. filed a Form 6-K on October 30, 2024, reporting its status as a foreign private issuer. The filing provides basic company information, including its principal executive office in Hamilton, Bermuda, and its SEC file number 1-12874. It also lists previous company names and dates of name changes, indicating a history of corporate evolution.

Why It Matters

This filing serves as an update for investors and regulatory bodies, confirming Teekay Corporation Ltd.'s ongoing compliance and providing essential corporate identity information.

Risk Assessment

Risk Level: low — This is a routine administrative filing (6-K) that does not contain new financial or operational information that would typically indicate a change in risk.

Key Players & Entities

• Teekay Corporation Ltd. (company) — Registrant
• 0000911971-24-000005 (filing_id) — Accession Number
• October 30, 2024 (date) — Filing Date
• Hamilton, Bermuda (location) — Principal Executive Office
• 1-12874 (sec_file_number) — SEC File Number

FAQ

Key Financial Figures

• $20.1 m — tributable to shareholders of Teekay of $20.1 million, or $0.22 per share, and adjusted
• $0.22 — eholders of Teekay of $20.1 million, or $0.22 per share, and adjusted net income attr
• $21.1 m — utable to shareholders of Teekay (2) of $21.1 million, or $0.23 per share, in the third
• $0.23 — ders of Teekay (2) of $21.1 million, or $0.23 per share, in the third quarter of 2024
• $65.0 million — ent of Australia, to Teekay Tankers for $65.0 million in cash. Teekay has also agreed to sell
• $59.1 million — orting earnings, Teekay has repurchased $59.1 million worth of its outstanding common shares
• $8.56 — ng common shares at an average price of $8.56 per share. Since the beginning of our s
• $125.0 million — in August 2022, Teekay has repurchased $125.0 million of common shares at an average price of
• $6.39 — of common shares at an average price of $6.39 per share, representing 19.2% of the sh
• $40.0 million — n addition, Teekay has authorized a new $40.0 million common share repurchase program. In Se
• $50.0 million — mber and October 2024, Teekay purchased $50.0 million of Teekay Tankers' Class A common share
• $58.85 — A common shares at an average price of $58.85 per share, increasing Teekay's economic
• $1.00 — red a one-time special cash dividend of $1.00 per common share payable in December 20
• $58.25 — kay Tankers' Class A common shares were $58.25 per share, $68.81 per share, and $49.97
• $68.81 — A common shares were $58.25 per share, $68.81 per share, and $49.97 per share, respec

Filing Documents

• tkq3-24erdocument.htm (6-K) — 322KB
• image2a.jpg (GRAPHIC) — 9KB
• newsreleasea11a.jpg (GRAPHIC) — 11KB
• 0000911971-24-000005.txt ( ) — 345KB

— Information Contained in this Form 6-K Report

Item 1 — Information Contained in this Form 6-K Report Attached as Exhibit 1 is a copy of an announcement of Teekay Corporation Ltd. dated October 30, 2024. SIGNATURE 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. TEEKAY CORPORATION LTD. Date October 30, 2024 By s Brody Speers Brody Speers Chief Financial Officer (Principal Financial and Accounting Officer) TEEKAY CORPORATION LTD. REPORTS THIRD QUARTER 2024 RESULTS Highlights GAAP net income attributable to shareholders of Teekay of $20.1 million, or $0.22 per share, and adjusted net income attributable to shareholders of Teekay (2) of $21.1 million, or $0.23 per share, in the third quarter of 2024 (excluding items listed in Appendix A to this release). Teekay has agreed to sell its Australian operations (collectively, Teekay Australia ), which include ship management services companies primarily servicing the Government of Australia, to Teekay Tankers for $65.0 million in cash. Teekay has also agreed to sell to Teekay Tankers all management services companies not currently owned by Teekay Tankers at their net working capital value. Since last reporting earnings, Teekay has repurchased $59.1 million worth of its outstanding common shares at an average price of $8.56 per share. Since the beginning of our share repurchase programs in August 2022, Teekay has repurchased $125.0 million of common shares at an average price of $6.39 per share, representing 19.2% of the shares outstanding immediately prior to the initial share repurchase program announcement. In addition, Teekay has authorized a new $40.0 million common share repurchase program. In September and October 2024, Teekay purchased $50.0 million of Teekay Tankers' Class A common shares at an average price of $58.85 per share, increasing Teekay's economic and voting control of Teekay Tankers to 31.0% and 55.

View Full Filing

View this 6-K filing on SEC EDGAR