Scorpio Tankers announced that it has repurchased its common shares in the open market.
Recently, the Company purchased 1,269,864 of its common shares in the open market at an average price of $54.30 per share as part of the Company’s securities repurchase program.
Since January 1, 2023, the Company has repurchased 3,161,167 common shares in the open market for $164.0 million and currently has 59,900,921 issued and outstanding.
Scorpio Tankers has $181.0 million available under its current Securities Repurchase Program.