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Gulf Marine Services ( (GB:GMS) ) just unveiled an update.
Gulf Marine Services PLC announced that Seafox International Limited has completed a second distribution of GMS shares to its shareholders as a dividend in specie, clarifying that this is not a sale. The distribution impacts the voting rights, with Seafox’s position in the company now adjusted to 7.789096% from a previous 9.212042%, indicating a strategic move in shareholder structure.
More about Gulf Marine Services
Gulf Marine Services PLC is a UK-based company operating in the marine services industry. It primarily provides self-elevating, self-propelled support vessels to the offshore oil, gas, and renewable energy sectors.
YTD Price Performance: 6.21%
Average Trading Volume: 3,694,388
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £164.8M
See more data about GMS stock on TipRanks’ Stock Analysis page.