DHT Holdings, Inc. announces share repurchases
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DHT Holdings, Inc. has repurchased 1,481,383 shares, representing 0.9% of its outstanding shares, at an average price of $8.8899. These shares have been retired.
January 06, 2025 | 10:15 am
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DHT Holdings, Inc. repurchased 1,481,383 shares, 0.9% of its outstanding shares, at an average price of $8.8899. The shares have been retired, potentially increasing shareholder value.
The repurchase of shares reduces the number of shares outstanding, which can increase earnings per share and potentially boost the stock price. This action signals management's confidence in the company's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100