tiprankstipranks
Gulf Marine Services Announces Share Distribution by Seafox
Company Announcements

Gulf Marine Services Announces Share Distribution by Seafox

Story Highlights

Don't Miss Our New Year's Offers:

Gulf Marine Services ( (GB:GMS) ) just unveiled an update.

Gulf Marine Services PLC announced that Seafox International Limited has completed a second distribution of GMS shares to its shareholders as a dividend in specie, clarifying that this is not a sale. The distribution impacts the voting rights, with Seafox’s position in the company now adjusted to 7.789096% from a previous 9.212042%, indicating a strategic move in shareholder structure.

More about Gulf Marine Services

Gulf Marine Services PLC is a UK-based company operating in the marine services industry. It primarily provides self-elevating, self-propelled support vessels to the offshore oil, gas, and renewable energy sectors.

YTD Price Performance: 6.21%

Average Trading Volume: 3,694,388

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £164.8M

See more data about GMS stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskGulf Marine Services: Seafox Initiates Share Distribution
TipRanks UK Auto-Generated NewsdeskGulf Marine Services’ Share Distribution by Seafox
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