Okeanis Eco Tankers Corp. Announces Q4 2024 | U.S. Markets

Okeanis Eco Tankers Corp. proclaims This fall 2024 dividend of USD 0.35 per share, ex-dividend dates set for exchanges.

Quiver AI Abstract

Okeanis Eco Tankers Corp. (OET) introduced a This fall 2024 dividend of USD 0.35 per common share, with the shares turning into ex-dividend on the Oslo Inventory Alternate as of February 28, 2025, and on the New York Inventory Alternate beginning March 3, 2025. OET is a outstanding worldwide tanker company engaged within the transportation of crude oil and refined merchandise, and operates a fleet of fashionable scrubber-fitted Suezmax and VLCC tankers. The announcement additionally contains forward-looking statements concerning the company’s expectations and potential dangers, urging warning in decoding these forecasts as a consequence of potential adjustments in market circumstances, financial efficiency, and different uncertainties.

Potential Positives

• The company has introduced a dividend of USD 0.35 per common share, signaling financial stability and shareholder returns.
• The shares can be traded ex-dividend on each the Oslo Inventory Alternate and the New York Inventory Alternate, doubtlessly growing market visibility and attracting more traders.
• Okeanis Eco Tankers Corp. operates a fashionable fleet of scrubber-fitted tankers, indicating a dedication to environmentally pleasant delivery practices and compliance with industry laws.

Potential Negatives

• The announcement of a dividend might point out that the company is at present prioritizing short-term shareholder returns over long-term growth methods.
• The reliance on forward-looking statements suggests potential instability or uncertainty within the company’s financial outlook, which might deter traders.
• The intensive disclaimer about forward-looking statements might raise considerations in regards to the company’s capability to attain its projections, indicating larger dangers for traders.

FAQ

What’s the dividend introduced by Okeanis Eco Tankers for This fall 2024?

Okeanis Eco Tankers introduced a dividend of USD 0.35 per common share for This fall 2024.

When will Okeanis Eco Tankers’ shares trade ex-dividend?

Shares will trade ex-dividend on the Oslo Inventory Alternate beginning February 28, 2025, and on the NYSE from March 3, 2025.

The place is Okeanis Eco Tankers listed?

Okeanis Eco Tankers is listed on the Oslo Børs below the image OET and on the NYSE below the image ECO.

Who can I contact for more details about Okeanis Eco Tankers?

For inquiries, contact Iraklis Sbarounis, CFO, at +30 210 480 4200 or [email protected].

What sort of vessels does Okeanis Eco Tankers operate?

Okeanis Eco Tankers operates a fleet of six fashionable scrubber-fitted Suezmax tankers and eight VLCC tankers.

Disclaimer: That is an AI-generated abstract of a press release distributed by GlobeNewswire. The model used to summarize this release might make errors. See the total release right here.

$ECO Hedge Fund Exercise

We’ve got seen 17 institutional traders add shares of $ECO stock to their portfolio, and 31 lower their positions of their most up-to-date quarter.

Listed here are some of the biggest latest strikes:

• MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. eliminated 304,187 shares (-100.0%) from their portfolio in This fall 2024, for an estimated $6,467,015
• ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 209,260 shares (+70.2%) to their portfolio in This fall 2024, for an estimated $4,448,867
• UBS GROUP AG added 80,339 shares (+310.4%) to their portfolio in This fall 2024, for an estimated $1,708,007
• HSBC HOLDINGS PLC eliminated 65,103 shares (-100.0%) from their portfolio in This fall 2024, for an estimated $1,384,089
• BOSTON PARTNERS added 57,889 shares (+inf%) to their portfolio in This fall 2024, for an estimated $1,230,720
• WALLEYE CAPITAL LLC added 53,821 shares (+inf%) to their portfolio in This fall 2024, for an estimated $1,144,234
• INVESCO LTD. eliminated 47,231 shares (-100.0%) from their portfolio in This fall 2024, for an estimated $1,004,131

To trace hedge funds’ stock portfolios, take a look at Quiver Quantitative’s institutional holdings dashboard.

Full Launch

ATHENS, Greece, Feb. 28, 2025 (GLOBE NEWSWIRE) — Reference is made to the important thing data referring to This fall 2024 dividend introduced by Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET) on February 19, 2025. The Firm’s shares can be traded ex dividend USD 0.35 per common share on the Oslo Inventory Alternate from right now, February 28, 2025 and on the New York Inventory Alternate from March 3, 2025.

Contacts

Firm:

Iraklis Sbarounis, CFO

Tel: +30 210 480 4200

[email protected]

Investor Relations / Media Contact:

Nicolas Bornozis, President

Capital Hyperlink, Inc.

230 Park Avenue, Suite 1540, New York, N.Y. 10169

Tel: +1 (212) 661-7566

[email protected]

About OET

OET is a main worldwide tanker company offering seaborne transportation of crude oil and refined merchandise. The Firm was included on April 30, 2018 below the legal guidelines of the Republic of the Marshall Islands and is listed on Oslo Børs below the image OET and the New York Inventory Alternate below the image ECO. The crusing fleet consists of six fashionable scrubber-fitted Suezmax tankers and eight fashionable scrubber-fitted VLCC tankers.

Ahead-Wanting Statements

This communication incorporates “forward-looking statements”, together with as outlined below U.S. federal securities legal guidelines. Ahead-looking statements present the Firm’s present expectations or forecasts of future occasions. Ahead-looking statements embody statements in regards to the Firm’s expectations, beliefs, plans, goals, intentions, assumptions and different statements that aren’t historic information or that aren’t current information or circumstances. Phrases or phrases equivalent to “anticipate,” “believe,” “continue,” “estimate,” “expect,” “hope,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will” or related phrases or phrases, or the negatives of these phrases or phrases, might establish forward-looking statements, however the absence of these phrases doesn’t essentially imply that a assertion shouldn’t be forward-looking. Ahead-looking statements are subject to recognized and unknown dangers and uncertainties and are based mostly on doubtlessly inaccurate assumptions that would trigger precise outcomes to vary materially from these anticipated or implied by the forward-looking statements. The Firm’s precise outcomes might differ materially from these anticipated in forward-looking statements for a lot of causes, together with as described within the Firm’s filings with the U.S. Securities and Alternate Fee (the “SEC”). Accordingly, you shouldn’t unduly depend on these forward-looking statements, which communicate solely as of the date of this communication. Elements that would trigger precise outcomes to vary materially embody, however will not be restricted to, the Firm’s working or financial outcomes; the Firm’s liquidity, together with its capability to service its indebtedness; aggressive components within the market during which the Firm operates; delivery industry trends, together with constitution charges, vessel values and components affecting vessel provide and demand; future, pending or latest acquisitions and tendencies, business strategy, areas of potential growth or contraction, and anticipated capital spending or working bills; dangers related to operations; broader market impacts arising from struggle (or threatened struggle) or worldwide hostilities; dangers related to pandemics, together with results on demand for oil and different merchandise transported by tankers and the transportation thereof; and different components listed from time to time within the Firm’s filings with the SEC. Besides to the extent required by law, the Firm expressly disclaims any obligations or endeavor to release publicly any updates or revisions to any forward-looking statements contained herein to mirror any change within the Firm’s expectations with respect thereto or any change in occasions, circumstances, or circumstances on which any assertion is predicated. You must, nevertheless, review the components and dangers the Firm describes within the stories it information and furnishes from time to time with the SEC, which could be obtained free of charge on the SEC’s web site at www.sec.gov.

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