Finance - Buybacks
Halliburton Launches $3.3 Billion Tender Offer
At closing, Halliburton will determine the lowest price enabling the purchase of up to $3.3 billion in the aggregate of its common stock.
Halliburton Completes $1B Share Repurchases
Halliburton also increased share repurchase authorization from US $4.3 billion to US $5 billion.
Schlumberger Buys Back Shares As Profits Rise
Second-quarter net income climbed 49% to $2.1 billion, or $1.57 a share, from $1.4 billion, or $1.05, a year earlier.
Manitok Plans To Launch Buyback Program
The bid will be funded from operations and available financing under Manitok’s credit facility.
Lundin Petroleum Launches Repurchase Program
The program will optimize its capital structure and secure obligations under its incentive plans.
Murphy Enters Second $250MM Buyback Program
An earlier US $250 million accelerated share repurchase transaction, announced Dec. 10, 2012, has been completed.
Quicksilver Plans $600MM Senior Loan Facility
Proceeds will be used to purchase notes and pay the related consent payments, fees, and expenses.
Concho Resources Prices $850MM Public Offering
Net proceeds will be used to fund the repurchase of its 2017 senior notes and repay a portion of the outstanding balance under its credit facility.
Comstock Approves $100MM Buyback Program
Following the divestiture of the company’s West Texas properties, the board of directors initiated a quarterly dividend program and approved a share repurchase plan.
Hercules Launches Notes Repurchase Option
If all outstanding notes are surrendered for repurchase, the aggregate cash repurchase price will be US $68.3 million.
NYTEX Launches Share Repurchase Program
The repurchases will be made from time-to-time on the open market at prevailing market prices.
Western Refining Launches $200MM Buyback
The program is in addition to the US $200 million share repurchase program approved by the board of directors in July 2012.