DHT Holdings, Inc. Repurchases Over 1 Million Shares in Q3

DHT Holdings, Inc., a leading independent crude oil tanker company, has announced its repurchase of over 1 million shares during the third quarter of this year. The repurchased shares amount to approximately 0.7% of the company’s outstanding shares and were acquired at an average price of $8.7219. Following the repurchase, these shares have been retired.

DHT Holdings operates a fleet of crude oil tankers in the VLCC segment, engaging in international trade. With integrated management companies in Monaco, Norway, Singapore, and India, the company is recognized for its experienced approach, top-notch operations, and customer service. DHT’s fleet comprises quality ships, and its prudent capital structure ensures resilience throughout business cycles. The company also employs a counter-cyclical philosophy when it comes to investments, fleet employment, and capital allocation.

Maintaining a transparent corporate structure, DHT Holdings upholds a high level of integrity and good governance. The company’s management believes in a combination of market exposure and fixed income contracts for its fleet, ensuring stability and growth. While these forward-looking statements are subject to risks and uncertainties, DHT Holdings remains committed to providing updates on its progress.

For more information about DHT Holdings, Inc., please visit their website at www.dhtankers.com.

Contact:
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: lch@dhtankers.com