Tranche Update on SFL Corporation Ltd.'s Equity Buyback Plan announced on May 15, 2023.
August 17, 2023 at 10:47 am EDT
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From May 8, 2023 to June 30, 2023, the company has repurchased 527,417 shares, representing 0.42% for $4.83 million. With this, the company has completed the repurchase of 527,417 shares, representing 0.42% for $4.83 million under the buyback announced on May 15, 2023.
SFL Corporation Ltd. is an international ship owning and chartering company. The Company is engaged in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. The Companyâs assets consist of 15 dry bulk carriers, 32 container vessels (including seven chartered-in vessels), one jack-up drilling rig, one harsh environment semi-submersible drilling unit, six oil product tankers, seven crude oil tankers, three car carriers and four car carriers. The Company owns and manages a fleet of 73 vessels, split between tankers, bulkers, container vessels, car carriers and energy assets. Its vessels include SFL Yangtze, SFL Yukon, SFL Sara, SFL Kate, SFL Humber, SFL Hudson, Arabian Sea, Thor Highway, Odin Highway, Maersk Pelepas, Maersk Phuket Maersk, Linus, SFL Puma, SFL Panther, Semi-submersible, SFL Albany, SFL Fraser and others. It also partly owns four chartered-in container vessels in its associated companies.