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American Shipping Company ASA ( (ASCJF) ) has provided an announcement.
Solstad Maritime Holding AS (SMH), supported by Aker Capital, Solstad Offshore, and AMSC, plans to list its shares on Euronext Oslo Børs in Q2 2025, aiming to enhance growth and strategic opportunities. AMSC intends to distribute its SMH shares to its shareholders, pending approval, with the ultimate goal of liquidating AMSC after maximizing shareholder value through past transactions and dividends.
More about American Shipping Company ASA
American Shipping Company ASA (AMSC) operates in the maritime industry and focuses on maritime shipping services. The company’s primary services involve managing and developing shipping assets, providing strategic opportunities for growth, and facilitating investments in the maritime sector.
YTD Price Performance: 3.19%
Average Trading Volume: 1,788
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $176.3M
Find detailed analytics on ASCJF stock on TipRanks’ Stock Analysis page.
