Kistefos buys more shares of Trico Marine

By Lisa Kerner

Charlotte, N.C., Sept. 12 - Trico Marine Co. investor Kistefos AS used working capital to buy 200,000 shares of the company's stock on Sept. 10 for $18.4349 per share, or approximately $3.69 million, according to a schedule 13D filed with the Securities and Exchange Commission.

With the purchases, Kistefos ups its stake in Trico Marine to 21.2% from 19.9%.

Kistefos previously reported the purchase of 200,000 shares on Sept. 4 for approximately $3.84 million, or $19.2002 per share, a prior SEC filing said.

The investor owns 3,285,958 of the Houston-based company's outstanding shares.

Trico Marine provides marine support services to the oil and gas industry.

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