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The latest update is out from Cool Company Ltd ( (CLCO) ).
Cool Company Ltd has initiated a share repurchase program, aiming to buy back up to 7,000,000 shares for a total of $40 million by the end of 2026. Recently, the company repurchased 6,568 shares at an average price of $7.11, increasing its total holdings to 851,567 shares, which is 1.585% of its share capital. This move reflects the company’s strategic focus on enhancing shareholder value and could potentially impact its market positioning.
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: 91,486
Technical Sentiment Signal: Hold
Current Market Cap: $400.4M
See more insights into CLCO stock on TipRanks’ Stock Analysis page.