Helix Energy Solutions Group, Inc. has entered a stock repurchase agreement with sub Cal Dive International in which it will sell to Cal Dive 13,564,669 shares of Cal Dive's common stock for $86 million or $6.34 per share. Helix will use the proceeds for general corporate purposes.
Owen Kratz, Helix's President and CEO, commented that, "We believe that this is another step in our previously announced strategy of unlocking the asset value in the......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.