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 Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

NexusWave Implemented on IEA Fishing Vessels

Baltic Index Rises Alongside All Vessel Segments

Current News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

NexusWave Implemented on IEA Fishing Vessels

Subscribe for Maritime Logistics Professional E‑News