SEACOR Marine Shareholder Urges Board to Explore Strategic Alternatives

MT Newswires Live

06/23

SEACOR Marine (SMHI) shareholder Jorey Chernett urged the board on Monday to explore strategic alternatives, including a potential sale of the company or dual-track fleet sale.

The shareholder, with a 7.2% stake in the company, highlighted discount to net asset value, structural value dislocation and also outlined a sequential strategy to unlock value for shareholders, according to a statement.

SEACOR Marine did not immediately respond to a request for comment from MT Newswires.

Price: 7.23, Change: +0.55, Percent Change: +8.17

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