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Klaveness Combination Carriers Advances Share Buyback Program

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Klaveness Combination Carriers Advances Share Buyback Program

Klaveness Combination Carriers AS ( (DE:36K) ) has shared an announcement.

Klaveness Combination Carriers ASA has announced the continuation of its share buyback program, purchasing 178,087 shares between January 21 and January 27, 2025, at an average price of NOK 72.87. This action is part of their ongoing strategy to repurchase up to 1,200,000 shares, aiming to enhance shareholder value and optimize their capital structure.

More about Klaveness Combination Carriers AS

Klaveness Combination Carriers ASA is a leader in the shipping industry, specifically in the operation of combination carriers. The company manages a fleet of CABU and CLEANBU vessels that transport both wet and dry bulk cargoes, achieving high efficiency and reduced CO2 emissions compared to standard vessels.

YTD Price Performance: -2.60%

Average Trading Volume: 709

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €366.7M

For a thorough assessment of 36K stock, go to TipRanks’ Stock Analysis page.

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