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Hafnia ( (HAFN) ) has shared an update.
Hafnia Limited announced substantial progress in its share buyback program, repurchasing over 1.29 million shares in early January 2025, with an average price of USD 5.63 per share. This strategic move, part of a larger initiative to purchase up to 18 million shares, reflects Hafnia’s efforts to enhance shareholder value and could influence its market positioning by demonstrating financial stability and commitment to returning capital to investors.
More about Hafnia
Hafnia Limited is a leading tanker owner in the global shipping industry, specializing in the transportation of oil, oil products, and chemicals. It operates a large fleet of approximately 200 vessels and offers a comprehensive shipping platform that includes technical management, commercial and chartering services, pool management, and bunker procurement. Hafnia is part of the BW Group and has a presence in Singapore, Copenhagen, Houston, and Dubai.
YTD Price Performance: 3.50%
Average Trading Volume: 2,521,251
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.97B
See more data about HAFN stock on TipRanks’ Stock Analysis page.
