The latest update is out from Stolt-Nielsen ( (SOIEF) ).
Stolt-Nielsen Limited has announced the continuation of its share buy-back program, initially authorized in 2016, with $8,754,827.55 remaining for further purchases. The program aims to reduce the number of outstanding shares and return capital to shareholders, with Fearnley Securities AS facilitating the buy-back through open market transactions on the Oslo Børs. The buy-back program will comply with European regulations and is subject to renewal at the company’s Annual General Meeting.
More about Stolt-Nielsen
Stolt-Nielsen Limited is a long-term investor and manager of businesses focused on logistics, distribution, and aquaculture. Its portfolio includes global bulk-liquid and chemicals logistics businesses such as Stolt Tankers, Stolthaven Terminals, and Stolt Tank Containers, along with Stolt Sea Farm and various investments. The company is listed on the Oslo Stock Exchange.
YTD Price Performance: -13.37%
Average Trading Volume: 2,792
Technical Sentiment Signal: Hold
Current Market Cap: $1.26B
Learn more about SOIEF stock on TipRanks’ Stock Analysis page.