Euronav Share Buyback

By Joseph R. Fonseca
Friday, July 1, 2016

Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) today announces that the Company has purchased 192,415 of its own shares on Euronext Brussels for an aggregate price of EUR 1,528,211.


Transaction date    Quantity     Average price   Lowest price  Highest price  Total price

24 June 2016          75,270       7.8714 EUR      7.714 EUR     8.000 EUR     592,480.28 EUR

27 June 2016          117,145     7.9878 EUR      7.960 EUR     8.000 EUR      935,730.83 EUR

Following these transactions, the Company now owns 1,042,415 own shares (0.65% of the total outstanding shares).

Euronav may continue to buy back its own shares opportunistically. The extent to which it does and the timing of these purchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations.
 

Categories: Energy Finance Marine Equipment Tankers

Related Stories

Nakilat Profits Dinged by Region's War

Top 10 Tips to Navigate UK ETS - Navtor

Is Hormuz Half-Open or Half-Closed? Tanker Rates on the Mend

Current News

US Begins Importing Iraqi Oil Through Syria

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

Port of Bilbao Sees Largest YoY Growth Since 2004

Subscribe for Maritime Logistics Professional E‑News