Marine Link
Saturday, December 10, 2016

Aker Philadelphia Shipyard ASA: Purchase of own shares

July 29, 2014

Logo

Logo

 

Aker Philadelphia Shipyard AKPS), a leading U.S. commercial shipyard constructing vessels for operation in the Jones Act market, has on July 25, 2014 purchased 1,465 shares in the Company on Oslo Axess at an average price of NOK 158.68 per share, implying a total consideration of NOK 232,466. Following the transaction, AKPS holds a total of 9,785 own shares, constituting approximately 0.08% of the Company's shares and votes.

Reference is made to Aker Philadelphia Shipyard ASA's (the "Company") (Oslo: AKPS) stock exchange notice of 17 July 2014 where AKPS announced a buyback program for up to 10% of the Company's share capital. The buyback program is carried out in accordance with an authorization granted by the Annual General Meeting of the Company held on 9 April 2014.



 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News