Nordic American Tankers CEO buys 150,000 shares at $3.11 per share

In a letter to shareholders, CEO Herbjorn Hansson said, “Being the Founder, Chairman & CEO, I have today bought 150,000 shares at $3.11 per share. I now own 5,100,000 shares. Following this transaction, my family owns 10,250,000 million shares and is the largest private shareholder group in the company. NAT has paid dividend for 113 consecutive quarters, after becoming stocklisted in 1995. Prospects are are good, and the path is unquestionably upwards.”