- BW LPG (BWLP, Financial) completed its share buyback program, acquiring 316,437 shares.
- The buyback was carried out at an average price of USD 8.63 per share.
- Following the buyback, treasury shares represent 4.98% of total issued shares.
BW LPG Limited (BWLP) has successfully concluded its share buyback program that ran from April 8 to 17, 2025. The company acquired 316,437 ordinary shares at an average purchase price of USD 8.63 per share, amounting to a total investment of USD 2,732,109. These shares are being held as treasury shares.
The buyback program accounts for 0.19% of BW LPG's total market capitalization of approximately USD 1.41 billion, with the shares acquired at a 9% discount compared to the current trading price of USD 9.48. As a result of this transaction, BW LPG now holds 7,939,347 of its ordinary shares as treasury shares, which represents 4.98% of its total issued shares, nearing the 5% threshold that often carries regulatory significance.
BW LPG remains the world’s preeminent owner and operator of Liquefied Petroleum Gas (LPG) vessels, with a fleet comprising over 50 Very Large Gas Carriers (VLGCs) and a total carrying capacity exceeding 4 million cubic meters (CBM). The company continues to deliver energy solutions along the LPG value chain, boasting a comprehensive presence in shipping, trading, and infrastructure operations.