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Philly Shipyard ASA Announces Dividend and Liquidation

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Philly Shipyard ASA Announces Dividend and Liquidation

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The latest update is out from Philly Shipyard ASA ( (AKRRF) ).

Philly Shipyard ASA held an extraordinary general meeting where key decisions were made, including the approval of a revised interim balance and distribution of a significant dividend of USD 6.08 per share. Additionally, the meeting concluded with a resolution to liquidate the company, which will have substantial implications for stakeholders, marking a significant shift in the company’s operations and future in the shipbuilding industry.

More about Philly Shipyard ASA

Philly Shipyard ASA operates in the shipbuilding industry, focusing on the construction of merchant ships. The company is known for its specialized services in crafting vessels, primarily catering to commercial shipping needs.

YTD Price Performance: 12.40%

Average Trading Volume: 1,694

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $82.44M

For detailed information about AKRRF stock, go to TipRanks’ Stock Analysis page.

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