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GLOG - GLOG STOCK NEWS

Welcome to our dedicated page for GLOG news (Ticker: GLOG), a resource for investors and traders seeking the latest updates and insights on GLOG stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GLOG's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GLOG's position in the market.

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GasLog Ltd. (NYSE: GLOG) announced a change in its certified accountants, transitioning from Deloitte LLP to Deloitte Certified Public Accountants S.A. for the fiscal year ending December 31, 2021. This decision follows approval from the audit committee and board of directors on March 10 and 11, 2021, respectively, with final approval pending at the 2021 annual general meeting. Deloitte LLP's prior reports were unqualified and without disagreements. GasLog operates a fleet of 35 LNG carriers, providing logistical support to energy companies globally.

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GasLog Ltd. (NYSE: GLOG) announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares. This dividend is payable on April 1, 2021 to shareholders recorded as of March 31, 2021. The company operates a fleet of 35 LNG carriers, supporting international energy companies in their LNG logistics. This announcement reflects the company's ongoing commitment to return value to its shareholders.

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GasLog Ltd. (NYSE: GLOG) has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2020, with the U.S. Securities and Exchange Commission. The report is accessible on the Company's website. Shareholders can request a hard copy of the Annual Report, which includes the complete audited financial statements for 2020, free of charge. GasLog operates a fleet of 35 LNG carriers, supporting international energy companies in their LNG logistics. For further inquiries, stakeholders can contact the Investor Relations team via email or phone.

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GasLog Ltd. (NYSE: GLOG) reported strong financial results for Q4 and FY 2020. Key highlights include quarterly revenues of $192.6 million and net profit of $45.9 million, marking a significant turnaround from a previous loss of $119.9 million. The company announced a merger agreement with BlackRock’s Global Energy & Power Infrastructure Team, which will acquire approximately 45% of GasLog’s outstanding shares at $5.80 per share. The company also plans to pay a quarterly dividend of $0.05 per share on March 11, 2021.

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GasLog Ltd. (NYSE: GLOG) has announced a merger agreement with BlackRock’s Global Energy & Power Infrastructure team. Under this agreement, GEPIF will acquire all outstanding common shares not held by Rolling Shareholders for $5.80 per share, reflecting a 17% premium over the February 19, 2021 closing price. The deal, expected to close in Q2 2021, will lead to GasLog's delisting from the NYSE. The board, advised by an independent committee, has unanimously recommended the transaction as beneficial for public shareholders.

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GasLog Ltd. (NYSE: GLOG) and GasLog Partners LP (NYSE: GLOP) will announce their fourth quarter 2020 financial results on February 22, 2021, before market opening. A joint conference call is scheduled for the same day at 8:30 a.m. EST to discuss these results, including operational and financial performance. The call will feature individual Q&A sessions for each company. Dial-in options are provided for various regions, and a live webcast will be available on their respective Investor Relations pages.

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GasLog Ltd. (NYSE: GLOG) announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares. This dividend will be payable on January 4, 2021 to shareholders of record as of December 31, 2020. GasLog operates a fleet of 35 LNG carriers, supporting international energy firms in their logistics chain.

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GasLog Ltd. (NYSE: GLOG) reported its Q3 2020 financial results, revealing revenues of $156.7 million and a profit of $10.1 million despite a slight year-over-year revenue decrease. The company refocused its financial strategy by refinancing $1.1 billion in debt maturing in 2021, enhancing liquidity by $30.2 million. Notably, contracted charter revenues reached $164.1 million for Q4 2020, indicating 95% charter coverage. A quarterly dividend of $0.05 per share is payable on November 30, 2020. Operationally, GasLog is bolstering its fleet and liquidity against ongoing market volatility.

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GasLog Ltd. (NYSE: GLOG) and GasLog Partners LP (NYSE: GLOP) are set to release their financial results for Q3 2020 on November 10, 2020, before market opening. They will hold a joint conference call at 8:30 a.m. EST to discuss their operational and financial performance, followed by separate Q&A sessions. The dial-in numbers and conference ID for the call have been provided. A live webcast will be accessible on both companies' Investor Relations pages, with a replay available for later access.

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GasLog Ltd. (NYSE: GLOG) has appointed Kristin Holth as an Independent Director to its Board of Directors, effective immediately. Holth brings extensive experience in capital markets and maritime industries, previously serving as Executive Vice President at DNB Bank ASA. She also holds board positions, including at Maersk Drilling. Chairman Peter G. Livanos emphasized her leadership and expertise in shipping and energy capital markets as valuable assets for the board.

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