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SEACOR Marine Announces Securities Repurchase
SMHISEACOR Marine(SMHI) GlobeNewswire·2025-04-04 21:25

Group 1 - SEACOR Marine Holdings Inc. purchased approximately 9.1% of its outstanding shares and warrants from Carlyle for about 12.9million,basedonatrailingvolumeweightedaverageprice[1][2]−Therepurchasesimplifiesthecompany′scapitalstructurebyeliminatingalloutstandingwarrantsandwasfundedbyproceedsfromthesaleofa201−footDP−2platformsupplyvessel[2]−SEACORMarineprovidesglobalmarineandsupporttransportationservicestooffshoreenergyfacilities,operatingadiversefleetofoffshoresupportvesselsforvariousoperationsincludingoffshorewindfarmsandemergencyresponseservices[2]Group2−Thecompanyacquired1,355,761commonsharesat12.9 million, based on a trailing volume weighted average price [1][2] - The repurchase simplifies the company's capital structure by eliminating all outstanding warrants and was funded by proceeds from the sale of a 201-foot DP-2 platform supply vessel [2] - SEACOR Marine provides global marine and support transportation services to offshore energy facilities, operating a diverse fleet of offshore support vessels for various operations including offshore wind farms and emergency response services [2] Group 2 - The company acquired 1,355,761 common shares at 4.90 per share and warrants to purchase 1,280,195 shares at 4.89perwarrant,withanexercisepriceof4.89 per warrant, with an exercise price of 0.01 per warrant [4]