Brief: 2020 Bulkers Announces Special Dividend, Share Repurchases

2020 Bulkers

16/04/2026 07:06

April 16 (Reuters) - 2020 Bulkers Ltd 20202.OL:

DISTRIBUTION OF CASH BY WAY OF A SPECIAL DIVIDEND AND SHARE REPURCHASES

DETERMINED TO RETURN A TOTAL OF ABOUT US$316.4 MILLION TO ITS SHAREHOLDERS, AMOUNTING TO US$13.8 PER SHARE

TO PAY ONE-TIME SPECIAL DIVIDEND OF $13.8 PER SHARE

TO RETAIN $4 MILLION AFTER SPECIAL DIVIDEND PAYMENT

TO INITIATE SHARE REPURCHASES AT NOK EQUIVALENT OF $13.8 PER SHARE

Source text: ID:nMFN5FnxXH

Further company coverage: 20202.OL

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