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Cool Company Ltd Initiates Share Repurchase Program

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Cool Company Ltd Initiates Share Repurchase Program

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Cool Company Ltd ( (CLCO) ) has shared an announcement.

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 23,630 shares at an average price of $6.85, bringing its total holdings to 787,457 shares, which represents 1.466% of its share capital.

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: 123,226

Technical Sentiment Signal: Sell

Current Market Cap: $362.3M

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

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