tiprankstipranks
Company Announcements

BW Group Increases Stake in Hafnia Limited

Story Highlights
BW Group Increases Stake in Hafnia Limited

Hafnia ( (HAFN) ) has shared an update.

BW Group Limited, the largest shareholder of Hafnia Limited, has increased its stake in the company by purchasing over 2.4 million shares on the Oslo Børs and the New York Stock Exchange. This move signifies BW Group’s confidence in Hafnia’s market position and potential growth, potentially impacting the company’s operations and stakeholder interests.

More about Hafnia

Hafnia Limited is a leading global tanker owner, specializing in the transportation of oil, oil products, and chemicals. The company operates around 200 vessels and provides a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and bunker procurement. Hafnia is part of the BW Group and has offices in Singapore, Copenhagen, Houston, and Dubai, employing over 4000 people.

YTD Price Performance: -29.02%

Average Trading Volume: 3,125,490

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.17B

Find detailed analytics on HAFN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App