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Cool Company Ltd ( (CLCO) ) has issued 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 from April 2025 to December 2026. Recently, the company repurchased 17,126 shares at an average price of $6.85, bringing its total holdings to 827,497 shares, which is 1.540% of its share capital. This move could potentially enhance shareholder value and improve the company’s 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: 100,761
Technical Sentiment Signal: Sell
Current Market Cap: $373.1M
See more insights into CLCO stock on TipRanks’ Stock Analysis page.