Tranche Update on Select Water Solutions, Inc.'s Equity Buyback Plan announced on February 20, 2024.
February 20, 2024 at 05:04 pm EST
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From November 8, 2023 to December 31, 2023, the company has repurchased 530,912 shares, representing 0.51% for $3.82 million. With this, the company has completed the repurchase of 530,912 shares, representing 0.51% for $3.82 million under the buyback announced on February 20, 2024.
Select Water Solutions, Inc. is a provider of sustainable water and chemical solutions to the energy industry. The Company operates in three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment consists of its services businesses, including water sourcing, water transfer, flowback and well testing, fluid hauling, water monitoring, water containment and water network automation, serving exploration and production (E&P) companies. The Water Infrastructure segment provides recycling, gathering, transferring and disposal of water. Its operations are enabled by a network of permanent pipeline infrastructure, semi-permanent pipeline infrastructure, water recycling facilities, earthen pits, water sources and SWDs. The Chemical Technologies segment develops, manufactures, manages logistics and provides a full suite of completion chemical products utilized in hydraulic fracturing, stimulation, cementing and related well completion processes.