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Cool Company Ltd Launches Share Repurchase Program

Story Highlights
  • Cool Company Ltd initiated a share repurchase program to buy back up to 7,000,000 shares.
  • The company repurchased 83,097 shares, increasing its total holding to 633,224 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cool Company Ltd Launches Share Repurchase Program

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

Cool Company Ltd has initiated a share repurchase program to buy back up to 7,000,000 shares, valued at up to $40 million, from April 1, 2025, to December 31, 2026. During the period from May 5 to May 9, 2025, the company repurchased 83,097 shares at an average price of $6.12 per share, increasing its total holding to 633,224 shares, representing 1.179% 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: 224,345

Technical Sentiment Signal: Sell

Current Market Cap: $337.8M

For a thorough assessment of CLCO stock, go to TipRanks’ Stock Analysis page.

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