Nordic American Tankers' Alexander Hansson And Son Bought 250,000 Shares At An Average Price Of $4.25/Share For A Total Sum Of $1,062,500
Portfolio Pulse from Benzinga Newsdesk
Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT), purchased 250,000 shares of NAT at $4.25 each, totaling $1,062,500. This acquisition increases his private ownership to 2,500,000 shares, reinforcing the Hansson family's position as the largest private shareholder group in NAT.
March 04, 2024 | 2:56 pm
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Alexander Hansson, Vice Chairman of Nordic American Tankers, purchased 250,000 shares, increasing his stake to 2.5 million shares and affirming the Hansson family's major private shareholder status.
Insider purchases, especially of this magnitude, are often viewed positively by the market as they can indicate insider confidence in the company's future prospects. Given the significant investment and the reinforcement of the Hansson family's position as major shareholders, this could be perceived as a strong vote of confidence in NAT's future, potentially influencing other investors' sentiment positively in the short term.
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