Recent Share Purchases Signal Strong Future for Nordic American Tankers

Author: Addison Perry Updated: 09-30-2025 09:45 AM

Nordic American Tankers' Recent Developments

Dear valued shareholders and investors,

As the Founder, Chairman, and CEO of Nordic American Tankers Ltd, I am excited to share that I have recently acquired 150,000 shares at the price of $3.11 each. This brings my total ownership to 5,100,000 shares, reflecting my ongoing commitment and confidence in our company’s performance and future direction.

Significant Shareholder Growth

It's worth noting that my family now holds a collective total of 10,250,000 shares, making us the largest private shareholder group within Nordic American Tankers. This strategic investment underscores our belief in the long-term growth potential of the company.

Since our listing in 1995, Nordic American Tankers has consistently paid dividends, achieving this milestone for an impressive 113 consecutive quarters, or nearly three decades. This commitment to returning value to our shareholders is a testament to our financial health and operational excellence.

Positive Outlook for Nordic American Tankers

The outlook for Nordic American Tankers remains decidedly optimistic. Industry trends suggest a robust recovery phase, driven by a variety of factors including increased global demand for shipping and oil transportation services. As we navigate the evolving economic landscape, we are poised to leverage emerging opportunities.

Our commitment to providing reliable and effective service in the tanker market sets us apart from our competitors. The consistent revenue generated from chartering our vessels is what allows us to continue our dividend distributions and invest in our growth.

Company Transparency and Communication

We recognize the importance of maintaining transparent communication with our shareholders. For those seeking additional information about Nordic American Tankers, feel free to explore our corporate website, where our updates and announcements are readily available.

Should you wish to reach out with any inquiries, our dedicated contacts at Nordic American Tankers are available to provide you with the support and answers you need.

Sincerely,

Herbjorn Hansson
Founder, Chairman & CEO

Frequently Asked Questions

What recent share acquisition occurred at Nordic American Tankers?

The CEO purchased 150,000 shares, increasing his total to 5,100,000 shares.

How long has Nordic American Tankers been paying dividends?

The company has paid dividends for 113 consecutive quarters since its listing in 1995.

Who are the largest shareholders of Nordic American Tankers?

The CEO's family represents the largest private shareholder group with a combined total of 10,250,000 shares.

What is the outlook for the company?

The outlook appears positive, with expectations for growth in the tanker market.

How can shareholders get more information?

Shareholders can access updates and announcements on the company's corporate website.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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