RPC, Inc. Board of Directors Authorizes Expansion of Stock Buyback Program

ATLANTA, June 5, 2013 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors approved an increase of 5.0 million shares to its stock repurchase program.  The Company's repurchase program does not have an expiration date. 

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets.  RPC's investor website can be found at www.rpc.net.

For information about RPC, Inc., please contact:

Ben Palmer
Chief Financial Officer
(404) 321-2140
irdept@rpc.net

Jim Landers
Vice President, Corporate Finance
(404) 321-2162
jlanders@rpc.net

SOURCE RPC, Inc.



RELATED LINKS
http://www.rpc.net

More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.