Seacor Marine announces repurchase of common shares, warrants

Seacor Marine (SMHI) announced that it purchased from certain funds affiliated with Carlyle: 1,355,761 of the company’s common shares, at $4.90 per share, and Warrants to purchase 1,280,195 shares of common stock at $4.89 per warrant, after deduction of an exercise price of 1c per warrant. Collectively, the shares and warrants represent approximately 9.1% of the outstanding shares of common stock of the company, assuming the full exercise of the warrants. The aggregate purchase price was approximately $12.9M, with the per share and warrant price negotiated based on a trailing volume weighted average price.