The latest announcement is out from BW Offshore ( (GB:0RKH) ).
BW Offshore has settled its Total Return Swap (TRS) agreement for 1,732,000 shares, originally set to expire in April 2025, and has entered into a new TRS agreement for the same number of shares with a new expiry date of July 2025 at a price of NOK 28.45 per share. This move is part of the company’s Long-Term Incentive Programme, reflecting its strategic financial management and commitment to maintaining its market position.
More about BW Offshore
BW Offshore engineers innovative floating production solutions and operates a fleet of two FPSOs. With a focus on creating tailored offshore energy solutions, the company leverages four decades of offshore operations and project execution to serve evolving markets worldwide. BW Offshore employs around 1,100 people and is publicly listed on the Oslo Stock Exchange.
YTD Price Performance: 2.60%
Average Trading Volume: 1,983
Technical Sentiment Signal: Strong Sell
Current Market Cap: NOK5.27B
See more data about 0RKH stock on TipRanks’ Stock Analysis page.