Stock Repurchases

9 Months Ended

Sep. 30, 2012

Stock Repurchases [Abstract]

Stock Repurchases [Text Block]

STOCK REPURCHASES

SEACOR’s Board of Directors previously approved a securities repurchase plan that authorizes the Company to acquire Common Stock, which may be acquired through open market purchases, privately negotiated transactions or otherwise, depending on market conditions. During the nine months ended September 30, 2012, the Company acquired for treasury 330,134 shares of Common Stock for an aggregate purchase price of $28.7 million. As of September 30, 2012, the remaining authority under the repurchase plan was $121.3 million.