Klaveness Combination Carriers AS ( (DE:36K) ) has issued an update.
KCC announced the repurchase of 173,387 shares from 14 January to 20 January 2025, as part of its ongoing share buyback program, acquiring shares at an average price of NOK 75.72 each. This effort is part of a larger initiative to repurchase up to 1.2 million shares by the end of March 2025, reflecting the company’s strategic focus on enhancing shareholder value and potentially strengthening its market position.
More about Klaveness Combination Carriers AS
Klaveness Combination Carriers ASA (KCC) is a world leader in combination carriers, operating vessels that transport both wet and dry bulk cargoes. The company focuses on efficient trading patterns that minimize ballast, resulting in up to 40% less CO2 emissions per transported ton compared to standard tankers and dry bulk vessels.
YTD Price Performance: -3.09%
Average Trading Volume: 709
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €370.7M
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