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Klaveness Combination Carriers Completes Share Capital Reduction

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Klaveness Combination Carriers Completes Share Capital Reduction

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Klaveness Combination Carriers AS ( (DE:36K) ) has provided an announcement.

Klaveness Combination Carriers ASA has completed a reduction in its share capital by redeeming 950,000 treasury shares, bringing the total share capital to NOK 59,508,231. This move, registered by the Norwegian Register of Business Enterprises, reflects the company’s strategic financial management and may impact its market positioning by optimizing its capital structure.

More about Klaveness Combination Carriers AS

Klaveness Combination Carriers ASA (KCC) is a global leader in the combination carrier industry, operating a fleet of vessels designed for the efficient transport of both wet and dry bulk cargoes. The company owns and operates eight CABU and eight CLEANBU combination carriers, with additional CABU vessels under construction. KCC’s vessels are known for their high utilization and efficiency, emitting up to 40% less CO2 per transported ton compared to standard vessels.

Average Trading Volume: 71,849

Current Market Cap: NOK3.86B

For an in-depth examination of 36K stock, go to TipRanks’ Overview page.

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