Sunday, July 19, 2026

Tidewater Announces Suspension of Dividend and Common Stock Repurchase Program

Tidewater Inc. (TDW) announced that its Board of Directors has approved management’s recommendation to suspend Tidewater’s quarterly dividend and common stock repurchase program.  The dividend and share repurchase program suspension is part of a broader plan of reducing costs and capital expenditures in order to preserve liquidity in an oilfield services market that has been negatively impacted by the precipitous