Bristow Group (BRS) Raises Quarterly Dividend 6.3% to $0.34; 2.2% Yield

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Bristow Group Announces Dividend Increase

May 18, 2015 7:00 AM EDT

HOUSTON, May 18, 2015 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors has approved a $0.02 increase in the company's dividend, resulting in a quarterly dividend of $0.34 per share, up from $0.32 per share previously.

The dividend will be payable on June 18, 2015 to stockholders of record at the close of business on June 5, 2015 (the "Record Date").  There were 34,839,335 shares of Bristow's common stock issued and outstanding as of May 15, 2015.

"We continued to generate excellent operating cash... More

Bristow Group Inc. Announces Repurchase Offer For Its 3.00% Convertible Senior Notes Due 2038

May 15, 2015 4:15 PM EDT

HOUSTON, May 15, 2015 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS) ("Bristow") today announced that holders of its 3.00% Convertible Senior Notes due 2038 have the option to require it to repurchase on June 15, 2015 all or any part of such holder's notes.

The repurchase price will be $1,000 in cash plus any accrued and unpaid interest to, but excluding, the repurchase date, per $1,000 principal amount. The interest will be paid on the regular interest payment date to the holder of record as of the record date. If all outstanding notes are surrendered for repurchase, the aggregate repurchase... More