tiprankstipranks
Company Announcements

Avance Gas Announces Share Distribution and Capital Return

Story Highlights
Avance Gas Announces Share Distribution and Capital Return

Discover the Best Stocks and Maximize Your Portfolio:

Avance Gas Holding ( (AVACF) ) just unveiled an announcement.

Avance Gas Holding Ltd, known for its involvement in the gas transport sector, announced a significant distribution plan for its shareholders. As of February 18, 2025, Avance Gas shares will be traded ex-distribution, offering a USD 2.0 per share return of capital and distribution of BW LPG shares. This move is set to impact shareholders by providing them with one BW LPG share for every four Avance Gas shares they hold, with the transaction completing by late February 2025.

More about Avance Gas Holding

YTD Price Performance: -3.41%

Average Trading Volume: 33,998

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $584.9M

See more insights into AVACF stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1