Euronav continues share buyback programme
After a persistently low share price in term’s of the company’s net asset value, Euronav could buy up to 10% of its own shares back. It currently holds more than 4% in the company after buying back over 4.4m shares in less than 20 days
A low share price and a commitment to return value to shareholders is pushing Euronav to make share buybacks ahead of second quarter of the year results, which are reported next month
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