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Gulf Marine Services ( (GB:GMS) ) has provided an update.
Gulf Marine Services PLC announced that Seafox International Limited has completed the fifth distribution of its shares in the company to its shareholders, indicating it as a dividend in specie rather than a sale. This distribution does not alter the operational control but reflects a structural adjustment in Seafox’s holdings, impacting the shareholding dynamics without affecting the overall market positioning of Gulf Marine Services.
More about Gulf Marine Services
Gulf Marine Services PLC operates in the marine industry, focusing on providing self-propelled, self-elevating support vessels. These are primarily used in the offshore oil, gas, and renewable energy sectors to support construction, maintenance, and well services.
YTD Price Performance: 19.87%
Average Trading Volume: 3,452,205
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £193.7M
Find detailed analytics on GMS stock on TipRanks’ Stock Analysis page.
