Navigator Holdings Ltd. (NVGS) Announces $50M Share Buyback

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Navigator Holdings Ltd. Announces Share Repurchase Plan

October 18, 2022 8:30 AM EDT

LONDON and NEW YORK, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (Navigator or the Company) (NYSE: NVGS), the owner and operator of the worlds largest fleet of handysize liquefied gas carriers, announced today that its Board of Directors has authorised a new share repurchase plan of up to $50.0 million of Navigators common stock (the Plan).

Pursuant to the Plan, Navigator may repurchase up to an aggregate of $50.0 million of the Companys common stock via open market transactions, privately negotiated transactions or any other method permitted... More