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BW LPG Limited - Repurchase of own shares

1. BW LPG repurchased 316,437 shares at USD 8.63 under a buyback program. 2. The buyback program allows purchasing up to 3 million shares for USD 20 million.

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FAQ

Why Bullish?

Share buybacks typically signal strong management confidence and can lead to a higher stock price. Historical examples show companies like Apple experienced stock price appreciation after similar buybacks.

How important is it?

The announcement of a share buyback indicates a proactive step by management to enhance shareholder value, which is likely to be positively perceived by investors and could drive up the stock price.

Why Short Term?

The immediate effects of the buyback can influence BWLP's stock price in the short term, increasing demand and potentially boosting the price. However, the longer-term impact will depend on overall market conditions and company performance.

Related Companies

BWLPG.OLAAPL
SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code: “BWLP”) has purchased a total of 316,437 of its own ordinary shares from 8 April 2025 to 11 April 2025 at an average price of USD 8.63 per share. The shares were purchased in accordance with the share buy-back program announced on 8 April 2025. Under the share buyback program, the Company may purchase up to 3 million ordinary shares for a maximum amount of USD 20 million. After.

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