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Tidewater - $200M share repurchase program


57094 fcras 18/5 2012 17:16
Oversigt

Tidewater announces new $200M share repurchase program

18.05.2012

Tidewater announced today that its board has authorized a new program for the company to spend up to $200M, effective July 1, 2012 and through June 30, 2013, to repurchase shares of its common stock in open-market or privately-negotiated transactions. The company's current repurchase program will continue in effect through June 30, and, through May 15, a total of 1.174M of its common shares have been purchased by the company under this program at a total cost of $56.5M, or an average price paid per common share of $48.07. As of May 15, the company had $143.5M remaining authorized under the current repurchase program available to repurchase shares through June 30.

http://finance.yahoo.com/news/tidewater-announces-200m-share-repurchase-140854505.html

Tidewater
http://www.tdw.com/#

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