International Seaways Responds To Seatankers Group; Reiterates Commitment To Delivering Shareholder Value; Provides Important Context Regarding Engagement With Seatankers
Portfolio Pulse from Happy Mohamed
International Seaways (INSW) responds to Seatankers Group's public letter, reiterating its commitment to delivering shareholder value and providing context regarding engagement with Seatankers. INSW recommends shareholders vote 'FOR' all proposals at the upcoming Annual Meeting.
May 30, 2023 | 7:41 pm
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INSW responds to Seatankers Group's public letter, reiterating its commitment to delivering shareholder value and providing context regarding engagement with Seatankers.
The response from INSW to Seatankers Group's public letter shows the company's commitment to delivering shareholder value and providing context regarding engagement with Seatankers. This news may not have a significant short-term impact on INSW's stock price, but it demonstrates the company's dedication to its shareholders and its willingness to address concerns raised by Seatankers Group.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100