Company: TDDWW
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-034124
Chunk: 3

Company: TIDEWATER INC
Filing Date: 2025-11-10
Form: 10-Q
Item: Part II, Item 1A
Chunk 3
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There are numerous factors that affect our business and results of operations, many of which are beyond our control. In addition to other information presented in this quarterly report, you should carefully read and consider “Item 1A - Risk Factors” in Part I and “Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations” in Part II of our 2024 Annual Report, and “Item 1A. Risk Factors” in Part II of our Quarterly Report on Form 10-Q for the quarterly period ending June 30, 2025, which contain descriptions of significant risks that may cause our actual results of operations in future periods to differ materially from those currently anticipated or expected.

       47

ITEM 2.       UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Unregistered Sales of Equity Securities

None.

Issuer Repurchases of Equity Securities

On February 27, 2025, our Board of Directors (Board) approved a $90.3 million share repurchase program, and then on August 1, 2025, our Board approved an additional $500.0 million share repurchase program. Share repurchases may take place from time to time on the open market or through privately negotiated transactions. The repurchase program may be suspended or discontinued at any time and does not have a specified expiration date.

Common stock repurchase activity for the three months ended September 30, 2025 was as follows:

      Maximum Dollar 

      Value of Shares 

      Total Number of 

      that May Yet Be 

      Total 

      Shares Purchased 

      Purchased 

      Number of 

      Average 

      as Part of Publicly 

      Under Plans or 

      Shares 

      Price Paid 

      Announced Plans 

      Programs 

      Period 

     Repurchased

     Per Share

      or Programs 

      (in thousands) 

      July 1, 2025 - July 31, 2025 

     —

     $
     —

     —

     $
     500,297

      August 1, 2025 - August 31, 2025 

     —

     —

     —

     500,297

      September 1, 2025 - September 30, 2025 

     —

     —

     —

     500,297

      Total 

     —

     $
     —

     —

   ITEM 5.       OTHER INFORMATION