Nordic American Tankers Ltd (NYSE: NAT) – The Hansson family buys more shares
Nordic American Tankers (NYSE: NAT) announced significant insider share purchases by key executives. Non-Executive Vice Chairman Alexander Hansson acquired 100,000 shares at $2.19 per share, bringing his total holdings to 4,400,000 shares. Additionally, Founder, Chairman & CEO Herbjorn Hansson purchased 100,000 shares at the same price.
Following these transactions, the Hansson family's total ownership has reached 9,050,000 shares, establishing them as the largest private shareholder group in the company. These insider purchases demonstrate strong confidence in NAT's future prospects from its leadership team.
Nordic American Tankers (NYSE: NAT) ha annunciato significativi acquisti di azioni da parte di dirigenti chiave. Il Vice Presidente Non Esecutivo Alexander Hansson ha acquisito 100.000 azioni a $2,19 per azione, portando il suo totale a 4.400.000 azioni. Inoltre, il Fondatore, Presidente e CEO Herbjorn Hansson ha acquistato 100.000 azioni allo stesso prezzo.
In seguito a queste transazioni, la proprietà totale della famiglia Hansson ha raggiunto 9.050.000 azioni, stabilendoli come il più grande gruppo di azionisti privati dell'azienda. Questi acquisti interni dimostrano una forte fiducia nelle prospettive future di NAT da parte del suo team di leadership.
Nordic American Tankers (NYSE: NAT) anunció importantes compras de acciones por parte de ejecutivos clave. El Vicepresidente No Ejecutivo Alexander Hansson adquirió 100,000 acciones a $2.19 por acción, elevando su total a 4,400,000 acciones. Además, el Fundador, Presidente y CEO Herbjorn Hansson compró 100,000 acciones al mismo precio.
Tras estas transacciones, la propiedad total de la familia Hansson ha alcanzado 9,050,000 acciones, estableciéndolos como el grupo de accionistas privados más grande de la empresa. Estas compras internas demuestran una fuerte confianza en las perspectivas futuras de NAT por parte de su equipo de liderazgo.
노르딕 아메리칸 탱커스 (NYSE: NAT)는 주요 경영진의 내부 주식 구매를 발표했습니다. 비상임 부회장 알렉산더 한손은 주당 $2.19에 100,000주를 매입하여 총 보유량을 4,400,000주로 늘렸습니다. 또한, 창립자이자 회장 및 CEO인 헤르뷔른 한손도 같은 가격에 100,000주를 구매했습니다.
이 거래 이후 한손 가족의 총 소유 주식 수는 9,050,000주에 달했습니다, 이는 그들을 회사에서 가장 큰 개인 주주 그룹으로 자리매김하게 합니다. 이러한 내부 구매는 NAT의 미래 전망에 대한 리더십 팀의 강한 신뢰를 보여줍니다.
Nordic American Tankers (NYSE: NAT) a annoncé des achats d'actions significatifs par des dirigeants clés. Le vice-président non exécutif Alexander Hansson a acquis 100 000 actions à 2,19 $ par action, portant son total à 4 400 000 actions. De plus, le fondateur, président et PDG Herbjorn Hansson a acheté 100 000 actions au même prix.
Suite à ces transactions, la propriété totale de la famille Hansson a atteint 9 050 000 actions, les établissant comme le plus grand groupe d'actionnaires privés de l'entreprise. Ces achats internes témoignent d'une forte confiance de l'équipe dirigeante dans les perspectives futures de NAT.
Nordic American Tankers (NYSE: NAT) gab bedeutende Insider-Aktienkäufe durch wichtige Führungskräfte bekannt. Der nicht-executive Vizevorsitzende Alexander Hansson erwarb 100.000 Aktien zu einem Preis von 2,19 $ pro Aktie, wodurch sein Gesamtbestand auf 4.400.000 Aktien anstieg. Darüber hinaus kaufte der Gründer, Vorsitzende und CEO Herbjorn Hansson ebenfalls 100.000 Aktien zum gleichen Preis.
Nach diesen Transaktionen hat der Gesamtbesitz der Familie Hansson 9.050.000 Aktien erreicht, wodurch sie zur größten privaten Aktionärsgruppe des Unternehmens werden. Diese Insiderkäufe zeigen ein starkes Vertrauen des Führungsteams in die zukünftigen Perspektiven von NAT.
- Significant insider buying demonstrates management's confidence in company's prospects
- Hansson family strengthens position as largest private shareholder group
- Combined insider purchase worth approximately $438,000 at $2.19 per share
- None.
Insights
The $438,000 combined share purchase by NAT's leadership represents a significant insider confidence signal. Both Alexander Hansson (Non-Executive Vice Chairman) and Herbjorn Hansson (Founder, Chairman & CEO) acquiring 100,000 shares each at $2.19 demonstrates substantial personal financial commitment relative to NAT's $457M market cap.
Insider buying of this magnitude typically signals management's belief that shares are undervalued or positive developments lie ahead. While no specific catalyst is mentioned, the Hansson family increasing their position to 9.05 million shares shows strong conviction in NAT's prospects.
For context, the tanker market where NAT operates is highly cyclical, affected by oil demand, shipping rates, and geopolitical factors. Executive confidence through direct share purchases often precedes positive company performance, though not guaranteed. The family's positioning as NAT's largest private shareholder group creates strong alignment with the broader shareholder base, as their financial interests are now even more directly tied to company performance.
The Hansson family's increased stake to 9.05 million shares, establishing them as NAT's largest private shareholder group, creates important governance implications. This concentration of ownership strengthens the family's already significant influence over corporate direction through their executive positions.
With Alexander holding 4.4 million shares post-purchase and family members collectively owning substantial voting power, the Hanssons have enhanced their ability to influence board decisions, strategic initiatives, and potentially resist external pressure from activist investors or acquisition attempts.
From a shareholder alignment perspective, this expanded ownership creates a double-edged governance structure. On one hand, it strongly aligns management incentives with share performance, as the family's wealth is significantly tied to NAT's success. On the other, concentrated control can potentially limit outside influence on corporate decisions. For current shareholders, this move likely signals stability in leadership vision and continuity in strategic direction for the Nordic American Tankers business.
Monday, April 7, 2025
Dear Shareholders and Investors,
Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at
Founder, Chairman & CEO, Herbjorn Hansson, has also bought 100.000 shares at
Following this transaction, the Hansson family owns 9,050,000 shares – being the largest private shareholder group in the company.
For contacts, please see at the end of this communication.
Sincerely,
Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd. www.nat.bm
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand in the tanker market, as a result of changes in OPEC’s petroleum production levels and worldwide oil consumption and storage, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other important factors described from time to time in the reports filed by the Company with the Securities and Exchange Commission, including the prospectus and related prospectus supplement, our Annual Report on Form 20-F, and our reports on Form 6-K.
Contacts:
Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391
Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171
FAQ
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