Oil States International Completes Sale of Previously Idled Facility

MT Newswires Live

2024/12/18

Oil States International (OIS) said late Tuesday it closed the sale of an idled Houston Ship Channel facility, generating $24.8 million in net proceeds.

The company also said it bought back 1.5 million common shares for $7.9 million since implementing a new $50 million share repurchase plan in October.

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