TRANSATLANTIC: CONTINUED BUY-BACK OF COMPANY SHARES
During the teleconference with the stock market on October 27 - in conjunction with publication of Transatlantic's interim report for January-September 2006 - President Håkan Larsson confirmed that the buy-back of the company's own shares will continue.
This is based on an assessment of the Group's long-term earnings capacity, with a positive trend for the Transatlantic and European Services industrial shipping segments and confidence that the offshore market will remain favorable, with opportunities for the Offshore/Icebreaking segment in offshore and icebreaking, although variations in market rates should occur.
For further comments, please contact President Håkan Larsson or
Executive Vice President Hans Carlweitz, Tel +46 (0)304 67 47 00
For further comments, please contact President Håkan Larsson or
Executive Vice President Hans Carlweitz, Tel +46 (0)304 67 47 00