HAFNIA LIMITED: Transactions Made Under Share Buyback Program
13 January 2025 - 6:08PM
Business Wire
Reference is made to the stock exchange announcement made by
Hafnia Limited ("Hafnia" or the "Company", OSE ticker code:
"HAFNI", NYSE ticker code: "HAFN") on December 2, 2024, of the
launch of Hafnia’s program to repurchase up to 18,000,000 of the
Company’s shares in open market transactions for a total amount of
up to USD 100,000,000 during the period from December 2, 2024,
until no later than January 27, 2025, pursuant to an agreement with
Pareto Securities AS and its subsidiary, Pareto Securities Inc.
(together, "Pareto").
For the period from and including January 6, 2025, through
January 10, 2025, the Company purchased a total of 1,293,302 shares
at an average price USD 5.63 per share. Please find below for an
transaction overview.
Date
Trading Venue
Aggregated daily volume (number of
shares)
Weighted average share price (USD)
Total daily transaction value (USD)
Jan 6, 2025
OSE
260,000
5.60
1,456,535
Jan 6, 2025
NYSE
403,302
5.65
2,276,922
Jan 7, 2025
OSE
230,000
5.57
1,280,982
Jan 7, 2025
NYSE
400,000
5.68
2,270,360
Period total
OSE
490,000
5.59
2,737,517
NYSE
803,302
5.66
4,547,282
Total
1,293,302
5.63
7,284,799
Previously disclosed buy-back under the
program (accumulated)
OSE
3,760,000
5.35
20,111,477
NYSE
5,376,698
5.39
28,971,504
Total
9,136,698
5.37
49,082,981
Accumulated under the buy-back program
OSE
4,250,000
5.38
22,848,994
NYSE
6,180,000
5.42
33,518,786
Total
10,430,000
5.40
56,367,781
The issuer's holding of repurchased shares:
Following the completion of the above transactions, the Company
owns a total of 10,932,358 of its own shares, corresponding to
2.13% of Hafnia’s total issued share count.
Appendix:
An overview of all transactions made under the program that have
been carried out during the above-mentioned period is attached to
this report and available at www.newsweb.no.
This information is subject of the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act
and article 5 of the European Market Abuse Regulation.
* * *
About Hafnia Limited:
Hafnia is one of the world's leading tanker owners, transporting
oil, oil products and chemicals for major national and
international oil companies, chemical companies, as well as trading
and utility companies.
As owners and operators of around 200 vessels, we offer a fully
integrated shipping platform, including technical management,
commercial and chartering services, pool management, and a
large-scale bunker procurement desk. Hafnia has offices in
Singapore, Copenhagen, Houston, and Dubai and currently employs
over 4000 employees onshore and at sea.
Hafnia is part of the BW Group, an international shipping group
involved in oil and gas transportation, floating gas
infrastructure, environmental technologies, and deep-water
production for over 80 years.
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version on businesswire.com: https://www.businesswire.com/news/home/20250112814682/en/
For further information: Mikael Skov CEO Hafnia Limited +65 8533
8900
Hafnia (NYSE:HAFN)
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