Scorpio Tankers repurchases USD 55 million stock in concurrent buyback

Scorpio Tankers Inc.

Scorpio Tankers Inc.

STNG

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  • Scorpio Tankers set a concurrent buyback of 649,427 shares at USD 84.69 each, executed in privately negotiated trades tied to its convertible senior notes reopening.
  • Repurchase expected to use about USD 55 million of offering proceeds at closing on May 12.


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