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SFL Corporation Shareholders Reaffirm Board but Reject New Preference Share Authorization at 2026 AGM

Story Highlights
  • SFL’s 2026 AGM on May 11 reaffirmed its full board, capped directors at eight and reappointed Ernst & Young as auditor.
  • Shareholders approved up to $800,000 in 2026 board fees but rejected a proposal to create and issue new preference shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SFL Corporation Shareholders Reaffirm Board but Reject New Preference Share Authorization at 2026 AGM

Meet Samuel – Your Personal Investing Prophet

SFL Corporation ( (SFL) ) has issued an announcement.

SFL Corporation reported that its 2026 Annual General Meeting of shareholders took place on May 11, 2026, in Hamilton, Bermuda, where the audited consolidated financial statements for the year ended December 31, 2025, were presented. Shareholders approved a cap of eight directors, authorized the board to fill casual vacancies, re-elected the existing slate of directors and reappointed Ernst & Young AS as auditors.

Investors also backed a total board fee pool of up to $800,000 for 2026, confirming current governance and compensation structures. However, a majority voted against redesignating some authorized but unissued common shares as preference shares and against related by-law changes, signaling shareholder caution over expanding the board’s flexibility to issue new preference equity on bespoke terms.

The most recent analyst rating on (SFL) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on SFL Corporation stock, see the SFL Stock Forecast page.

Spark’s Take on SFL Stock

According to Spark, TipRanks’ AI Analyst, SFL is a Neutral.

The score is held back primarily by volatile profitability and a highly leveraged balance sheet, despite resilient operating cash flow. Technicals are supportive but overextended, and valuation is helped by the very high dividend yield while a negative P/E reflects the recent loss. Earnings-call commentary adds support via backlog-driven cash-flow visibility, but meaningful financing and asset-employment risks remain.

To see Spark’s full report on SFL stock, click here.

More about SFL Corporation

SFL Corporation is a maritime leasing company with a diversified fleet spanning tankers, bulk carriers, container ships, car carriers and offshore drilling rigs. Listed on the New York Stock Exchange since 2004, it has a long record of quarterly dividend payments, underpinned by a portfolio of long-term charters and a steadily expanding asset base.

Average Trading Volume: 1,399,013

Technical Sentiment Signal: Buy

Current Market Cap: $1.73B

Learn more about SFL stock on TipRanks’ Stock Analysis page.

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