Talos Energy (TALO) Prices 5M Share Secondary Offering

After-Hours Stock Movers 06/23: (DHX) (RCUS) (CXM) Higher; (PRTG) (TALO) (KBH) Lower (more...)

Today's After-Hours Movers:

DHI Group, Inc. (NYSE: DHX) 26.5% HIGHER; authorized a stock repurchase program that permits the additional purchase of up to $12 million of the Company's common stock, increasing the overall share buyback program to $20 million. In February 2021, the Board of Directors authorized the purchase of $8 million of its common stock and, under the plan, the Company has purchased approximately $1.3 million of its stock to date. With this additional authorization, the Company now has $18.7 million of buyback capacity.

Portage Biotech Inc. (NASDAQ:... More

Talos Energy (TALO) to Offer 5M Shares in Common Stock

Talos Energy Inc. (NYSE: TALO) announced today an underwritten public offering of an aggregate of 5,000,000 shares of its common stock (the "Offering") by certain affiliates of Apollo Global Management and Riverstone Holdings LLC (the "Selling Stockholders"). Talos is not selling any shares... More

Talos Energy (TALO) Extends its Credit Facility To November 2024; Amends Borrowing Base

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the completion of amendments to its reserves-based lending facility (the "credit facility"), including a significant maturity extension to November 2024. Following the amendments, Talos has minimal near-term debt maturities, strong liquidity and expects to be significantly free cash flow positive for the balance of 2021.

The borrowing base under the credit facility was approved at $950 million by 100% of the lending syndicate consisting of twelve energy lending commercial banks,... More