Keane Group Inc.

Description

Completed approximately $34 million of total share repurchases at an average price of $15.54 per share, representing a total of approximately 2.2 million common shares. Of the total amount repurchased, shares valued at approximately $20 million were repurchased at market price from White Deer Energy, while approximately $14 million were completed in open market transactions. Keane previously issued common shares to White Deer Energy as part of its acquisition of RockPile Energy Services in July 2017. Repurchases were made as part of the company’s $100 million stock repurchase program previously announced on February 26, 2018.

Click here to go back to the search page
Companies
Estimated Price
$34.0MM
Financing Type
Report Date