Smith International (SII) Completes 28 Million Share Offering

FREE Breaking News Alerts from StreetInsider.com!

More News related to SII

Sprott Physical Gold Trust Announces Completion of Its Follow-on Offering of Trust Units
Sprott Physical Silver Trust Announces Completion of its Follow-on Offering of Trust Units
Paulson's Paulson & Co. Keeps Gold Rush Alive, Moves Out of Goldman and Increases Citi Stake (C, GS, ABX, APC, XOM, More...)
Trading Radar for 10/28: Microsoft (MSFT), First Solar (FSLR), Potash Corp. (POT), Motorola (MOT) Report
Morgan Stanley Adds Tyco Int'l (TYC) to 'Best Ideas List'

More News related to Equity Offerings

November 23, 2009 2:11 PM EST

Smith International, Inc. (NYSE: SII) has closed its previously announced public offering of 28,000,000 shares of its common stock at $26.50 per share. The net proceeds from the offering will be used for debt repayment, general corporate purposes, and funding of potential acquisitions or investments.

Smith International, Inc. is a global provider of products and services used by operators during the drilling, completion and production phases of oil and natural gas development activities.

[SM]