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AMSC Expands Stake in Solstad Maritime Holding

AMSC Expands Stake in Solstad Maritime Holding

American Shipping Company ASA (ASCJF) has released an update.

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American Shipping Company ASA (AMSC) has increased its investment in Solstad Maritime Holding AS (SMH) by purchasing 3.5 million subscription rights at NOK 9.10 each, resulting in a total ownership of 5.84 million subscription rights and 84.6 million shares in SMH.

For further insights into ASCJF stock, check out TipRanks’ Stock Analysis page.

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