American Shipping Company ASA: Completed buyback of own shares and sale of treasury shares to CEO and CFO
27 September 2021 - Reference is made to American Shipping Company ASA’s (“ASMC” or the “Company”) stock exchange notice dated 16 September 2021 where AMSC announced its intent to purchase 45,000 treasury shares in connection with its incentive scheme for employees. AMSC has completed the buyback of 45,000 treasury shares in the Company on Oslo Børs at an average price of NOK 31.90 per share, which implies a total consideration of NOK 1,435,598. The purchase of treasury shares was carried out in accordance with an authorization granted by the Annual General Meeting of the Company held on 20