Jul. 16 at 5:13 PM
$KLXE stock has taken a beating since last earnings probably due to sellers of the warrants but mgmt said this back then
"As previously reported, we completed our refinancing efforts in March, enhancing our financial flexibility," added Baker. "Post-refinancing, we now have access to our 2019 share repurchase program, which has approximately
$49 million dollars of availability remaining and is subject to the guidelines within our credit documents. We will continue to prudently evaluate both share and debt buybacks as opportunities to deploy capital.
