Helix Energy Solutions Group (HLX) Announces $200M Share Buyback
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Helix Announces $200 Million Share Repurchase Program
February 20, 2023 5:30 PM ESTHOUSTON--(BUSINESS WIRE)-- Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) announced today that its Board of Directors has authorized a repurchase program for up to $200 million of Helixs issued and outstanding shares.
Owen Kratz, President and Chief Executive Officer of Helix, stated, We view this program as a prudent use of our capital and an excellent opportunity to deploy cash to shareholders. We expect to generally align execution of the program with our cash flow generation. With a strong balance sheet, ample liquidity, a robust offshore services market recovery, and our... More
