5min chapter

Yet Another Value Podcast cover image

Tidewater's management on the offshore inflection $TDW

Yet Another Value Podcast

CHAPTER

Capital Allocation for the SPO Acquisition

There's no sense in adding more capacity to this market at the prices that would take to build a new vessel. So, we're going to have to give some money back to shareholders and one form or another. I don't think there's enough of those deals to outstrip them out of cash that we'll generate. There is a provision that prohibits us from doing any buybacks or distribution shareholders dividends for the first two years. But you know it's definitely going to be something that we consider as we go through the next few years.

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