Flex LNG – Share buy-back program
Hamilton, November 19, 2020 The Board of Directors of Flex LNG Ltd. (the “Company”) has on November 19, 2020 authorized a share buy-back program to purchase up to an aggregate of 4,110,584 of the Company’s common shares for the purpose of increasing shareholder value. The maximum amount to be paid per share is USD 10.00 or equivalent in NOK if bought at Oslo Stock Exchange. The timing and amount of any repurchases will depend on legal requirements, market conditions, stock price, alternative uses of capital and other factors. The Company is not obligated under the terms of the program