Scorpio Tankers announced that since July 30, 2024, the Company has repurchased 2,415,321 of its common shares in the open market at an average price of $72.45 per share under the Company’s 2023 Securities Repurchase Program.
Since April 1, 2024, the Company has repurchased an aggregate of 3,813,287 of its common shares in the open market at an average price of $74.54 per share.
As of September 6, 2024, there are 50,760,778 common shares of the Company outstanding and $225.0 million remaining available out of the $400 million authorized under the 2023 Securities Repurchase Program.