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Cool Company Ltd ( (CLCO) ) has shared an announcement.
Cool Company Ltd has initiated a share repurchase program to buy back up to 7,000,000 shares, with a total value of up to $40 million, running from April 2025 to December 2026. Recently, the company repurchased 6,440 shares at an average price of $7.16, increasing its holding to 858,689 shares, which represents 1.598% of its share capital. This move could potentially strengthen the company’s market position and provide value to shareholders.
The most recent analyst rating on (CLCO) stock is a Buy with a $132.00 price target. To see the full list of analyst forecasts on Cool Company Ltd stock, see the CLCO Stock Forecast page.
More about Cool Company Ltd
Average Trading Volume: 84,350
Technical Sentiment Signal: Hold
Current Market Cap: $400.7M
Learn more about CLCO stock on TipRanks’ Stock Analysis page.