Stolt-Nielsen Limited Completes Open Market Partial Tender Offer

Press Release
Friday, April 15, 2011

LONDON, April 12, 2011 - Stolt-Nielsen Limited (Oslo Børs: SNI) completed its previously announced open market partial tender offer ("Offer") for SNL common shares with a total maximum value of $47 million.  SNL bought back 1,825,900 shares at a price of NOK 140 per share at a total cost of $46.8 million.  SNL now holds 6,285,530 shares, or 9.80%, of its common shares.  With the completion of the Offer the $50 million buy-back programme announced by SNL on November 19, 2010 is now accomplished.

Source: Stolt-Nielsen Limited

Categories: Finance

Related Stories

US Military Starts Pier Construction off Gaza

First Ship Departs Baltimore Through Limited Access Channel

Russia Reinsurer Backs Firms to get India Marine Insurance Permit

Current News

Women in Maritime Day: Shaping the Future of Maritime Safety

World's First Hydrogen Fuel Cell RTG Commences Operation

Southern Dredging Wins St. Marys Dredging Job

Maintenance Insights: Davits

Subscribe for Maritime Logistics Professional E‑News