Flex LNG Ltd in share buyback
Created: Aug 23, 2021 02:22 PM (Updated: Aug 23, 2021 02:22 PM)
Bermuda-based Flex LNG Ltd has purchased 80,000 of the company’s own common stocks.
The liquefied natural gas shipping company said the purchases were made between August 17 and 20 on the Oslo Stock Exchange at an average price of 128.07 Norwegian krone per share.
There are approximately nine krone to the US dollar.
Following completion of the transactions, Flex LNG said it owns a total of 980,000 of its own shares, corresponding to 1.81 per cent of the company’s share capital.
Flex LNG Ltd: reports share buyback. Pictured is Flex Vigilant, the newest addition to the company’s fleet (File photograph)
Royal Gazette has implemented platform upgrades, requiring users to utilize their Royal Gazette Account Login to comment on Disqus for enhanced security. To create an account, click here.
Published August 23, 2021 at 2:22 pm (Updated August 23, 2021 at 2:22 pm)
Users agree to adhere to our Online User Conduct for commenting and user who violate the Terms of Service will be banned.