Oil States International (OIS) said late Tuesday it closed the sale of an idled Houston Ship Channel facility, generating $24.8 million in net proceeds.
The company also said it bought back 1.5 million common shares for $7.9 million since implementing a new $50 million share repurchase plan in October.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments