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CFO-Related Party Increases Stake in Western Bulk Chartering

Story Highlights
  • Western Bulk Chartering AS, a dry bulk shipping operator, provides global sea transport and chartering services.
  • A company related to the CFO bought 5,000 more shares, raising its holding to 97,000 shares under required disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CFO-Related Party Increases Stake in Western Bulk Chartering

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An announcement from Western Bulk Chartering AS ( (DE:7EJ) ) is now available.

KTHU AS, a company related to Western Bulk Chartering AS CFO Kenneth Thu, has purchased 5,000 shares in Western Bulk Chartering AS at NOK 16.8 per share, increasing its total holding to 97,000 shares. The insider share purchase, disclosed under EU and Norwegian market abuse and securities regulations, underscores ongoing management-related ownership in the company and provides investors with additional transparency around trading by persons closely associated with senior executives.

More about Western Bulk Chartering AS

Western Bulk Chartering AS operates in the shipping and dry bulk chartering industry, arranging sea transport of dry bulk commodities for a global customer base. The company focuses on commercial vessel operations and freight services, serving industrial clients and commodity traders that depend on efficient and flexible bulk shipping solutions.

Average Trading Volume: 12,343

Current Market Cap: NOK553M

See more data about 7EJ stock on TipRanks’ Stock Analysis page.

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