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American Shipping Company ASA ( (ASCJF) ) just unveiled an announcement.
American Shipping Company ASA, currently under liquidation, has announced the successful distribution of a dividend-in-kind consisting of shares in Solstad Maritime ASA. This move follows the satisfaction of conditions set by the company’s annual general meeting. The shares are set to be tradable on Euronext Oslo Børs, with provisions made for withholding tax by selling a portion of shares to cover these obligations.
More about American Shipping Company ASA
Average Trading Volume: 199,704
Current Market Cap: NOK105.1M
For detailed information about ASCJF stock, go to TipRanks’ Stock Analysis page.