DHT Holdings, Inc. announces share buyback
DHT Holdings has announced the purchase of 2,826,771 shares, representing 1.7% of its outstanding shares, during the second quarter of 2022. The average purchase price was $5.6256 per share, and these shares have been retired. This share buyback is part of DHT's strategy to enhance shareholder value and reflects confidence in the company's future.
- Share buyback of 2,826,771 shares, increasing shareholder value.
- Retirement of shares, leading to potential increase in earnings per share (EPS).
- None.
HAMILTON, BERMUDA, July 1, 2022 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) announces that the Company has during the second quarter purchased 2,826,771 of its own shares — equivalent to
About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway and Singapore. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our combination of market exposure and fixed income contracts for our fleet; our counter cyclical philosophy with respect to investments, employment of our fleet, and capital allocation; and our transparent corporate structure maintaining a high level of integrity and good governance. For further information please visit: www.dhtankers.com.
Contact:
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: lch@dhtankers.com
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