Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 695

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 4
Chunk 695
---
      58

      70

      113

      115

      102

       Dow Jones U.S. Oil Equipment & Services 

      100

      61

      76

      126

      129

      113

      39

      Table of Contents

Share Repurchases 

On November 5, 2023, our Board of Directors (Board) approved a $35.0 million share repurchase program, pursuant to which we repurchased and retired 590,499 shares for approximately $35.0 million, excluding commissions and a 1% excise tax, during the fourth quarter of 2023. On February 29, 2024, our Board approved a new $48.6 million share repurchase program, subsequently approving the increase of such program by $18.1 million on May 2, 2024, $13.9 million on August 6, 2024, and $10.1 million on November 7, 2024. The following table sets forth the value of the common stock repurchased, along with number of shares repurchased, and average price paid per share for the three months ended December 31, 2024.

      Maximum Dollar 

      Value of Shares 

      Total 

      Total Number of 

      that May Yet Be 

      Number of 

      Average 

      Shares Purchased 

      Purchased 

      Shares 

      Price Paid 

      as Part of Publicly 

      Under Plans or 

      Repurchased 

      Per Share 

      Announced Plans 

      Programs (1)(2) 

      Period 

     (1
     )

     (2
     )
      
      or Programs (1) 

      (in thousands) 

      October 1, 2024 - October 31, 2024 

     17,610

     71.72

     17,610

     32,734

      November 1, 2024 - November 30, 2024 

     149,085

     53.66

     149,085

     34,820

      December 1, 2024 - December 31, 2024 

     697,409

     49.93

     697,409

     —

      Total 

     864,104

     864,104

      (1) 
      During 2024, our