1. CEO and Vice-Chair bought 400,000 shares at $3.50 each. 2. Family ownership surpassed 5%, indicating confidence in NAT's future. 3. NAT has paid dividends for 113 consecutive quarters. 4. Positive market outlook shared by the CEO for NAT.
FAQ
Why Bullish?
Insider buying often signals confidence in future performance, similar to past positive outcomes after such purchases.
How important is it?
Insider transactions demonstrate confidence that can boost investor sentiment and stock price.
Why Short Term?
Insider purchases may affect market perception and share price in the coming weeks.
Nordic American Tankers Ltd (NYSE: NAT) Announces Significant Share Acquisition by Hansson Family
December 22, 2025 | Source: GlobeNewsWire
Key Acquisition Details
Nordic American Tankers Ltd (stock symbol NAT) has made headlines with a significant share acquisition by the Hansson family. On December 22, 2025, Herbjorn Hansson, the Founder, Chairman, and CEO of NAT, announced the purchase of 200,000 shares priced at $3.50 per share. This acquisition increases his total holdings to 5,300,000 shares.
Simultaneously, Alexander Hansson, the Vice-Chair of NAT, also acquired 200,000 shares at the same price, raising his total holdings to 5,350,000 shares. Following these transactions, the Hansson family has collectively surpassed the 5% ownership threshold, necessitating this mandatory market notification.
Implications of Shareholding Increase
As the largest private shareholder group in Nordic American Tankers, the Hansson family's increased stake reinforces their commitment to the company. The total family ownership now stands at 10,650,000 shares. This ownership increase is expected to enhance investor confidence and demonstrate the family's confidence in NAT's long-term prospects.
Nordic American Tankers has a strong track record of consistent dividends, having paid dividends for 113 consecutive quarters since becoming publicly listed in 1995. The company expresses optimism about its future, with expectations for continued growth in its operations.
Future Outlook for NAT
While the Hansson family remains optimistic about the future of NAT, they also caution investors about inherent uncertainties affecting company forecasts. The firm has referenced potential impacts from global economic conditions, fluctuations in charter rates, and the ongoing dynamics of the tanker market driven by OPEC's petroleum production levels and worldwide oil consumption.
This forward-looking stance is part of Nordic American Tankers’ communication strategy under the Private Securities Litigation Reform Act of 1995, which encourages transparency and proactive updates to shareholders regarding potential future company developments.
Contact Information
For additional information, investors and stakeholders can reach out to:
- Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391 - Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171