DHT Holdings Reports Acquisition Of 2018 Built VLCC For $94.5M
Portfolio Pulse from Benzinga Newsdesk
DHT Holdings has announced the acquisition of a 2018-built VLCC for $94.5 million, with delivery scheduled for Q3 2023. The company plans to finance the acquisition with available liquidity and projected mortgage debt, expecting it to be accretive to earnings per share.
May 31, 2023 | 8:20 pm
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DHT Holdings acquires a 2018-built VLCC for $94.5M, with delivery in Q3 2023. The acquisition is expected to be accretive to earnings per share.
The acquisition of the VLCC for $94.5 million is a significant investment for DHT Holdings. The company's plan to finance the acquisition with available liquidity and projected mortgage debt demonstrates confidence in their financial position. The expectation that the acquisition will be accretive to earnings per share suggests a positive impact on the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100