DHT Holdings, Inc. announces share repurchases
January 06 2025 - 5:20AM
HAMILTON, BERMUDA, January 6, 2025 – DHT
Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”)
today announced that the Company has purchased 1,481,383 of
its own shares in the open market, equivalent to 0.9% of its
outstanding shares, at an average price of $8.8899. The shares were
purchased during December 2024 and have been retired upon
receipt.
About DHT Holdings, Inc.DHT is an
independent crude oil tanker company. Our fleet trades
internationally and consists of crude oil tankers in the VLCC
segment. We operate through our integrated management companies in
Monaco, Norway, Singapore, and India. You may recognize us by our
renowned business approach as an experienced organization with
focus on first rate operations and customer service; our quality
ships; our prudent capital structure that promotes staying power
through the business cycles; our combination of market exposure and
fixed income contracts for our fleet; our counter cyclical
philosophy with respect to investments, employment of our fleet,
and capital allocation; and our transparent corporate structure
maintaining a high level of integrity and good governance. For
further information please visit www.dhtankers.com.
Forward Looking StatementsThis
press release contains certain forward-looking statements and
information relating to the Company that are based on beliefs of
the Company’s management as well as assumptions, expectations,
projections, intentions and beliefs about future events. When used
in this document, words such as “believe,” “intend,” “anticipate,”
“estimate,” “project,” “forecast,” “plan,” “potential,” “will,”
“may,” “should” and “expect” and similar expressions are intended
to identify forward-looking statements but are not the exclusive
means of identifying such statements. These statements reflect the
Company’s current views with respect to future events and are based
on assumptions and subject to risks and uncertainties. Given these
uncertainties, you should not place undue reliance on these
forward-looking statements. These forward-looking statements
represent the Company’s estimates and assumptions only as of the
date of this press release and are not intended to give any
assurance as to future results. For a detailed discussion of the
risk factors that might cause future results to differ, please
refer to the Company’s Annual Report on Form 20-F, filed with the
SEC on March 20, 2024.
The Company undertakes no obligation to publicly
update or revise any forward-looking statements contained in this
press release, whether as a result of new information, future
events or otherwise, except as required by law. In light of these
risks, uncertainties and assumptions, the forward-looking events
discussed in this press release might not occur, and the Company’s
actual results could differ materially from those anticipated in
these forward-looking statements.
Contact:Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935 E-mail:
lch@dhtankers.com
DHT (NYSE:DHT)
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