An update from Klaveness Combination Carriers AS ( (DE:36K) ) is now available.
Klaveness Combination Carriers ASA announced its ongoing share repurchase program, having bought 188,651 shares between January 28 and February 3, 2025, at an average price of NOK 73.29 per share, totaling approximately USD 1.2 million. This initiative is part of a broader strategy to enhance shareholder value and strengthen its market positioning, with the company now holding 1.73% of its total share capital. The buyback reflects KCC’s commitment to optimizing capital allocation and underscores its confidence in its operational strategy and future prospects.
More about Klaveness Combination Carriers AS
Klaveness Combination Carriers ASA (KCC) is a leading global operator in the maritime transportation industry, specializing in combination carriers that handle both wet and dry bulk cargoes. The company operates a fleet of CABU and CLEANBU vessels, known for their high efficiency and reduced CO2 emissions, catering to markets where such dual-purpose transportation is essential.
YTD Price Performance: 1.63%
Average Trading Volume: 710
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €388.6M
Learn more about 36K stock on TipRanks’ Stock Analysis page.