Nordic American Tankers Ltd (NYSE: NAT) – Purchase of shares by NAT board member Alexander Hansson

Nordic American Tankers Ltd (NAT) board member Alexander Hansson has purchased 50,000 shares at $1.8564 each, increasing his ownership to 1,035,000 shares.

Rhea-AI Summary

Nordic American Tankers Ltd (NAT) board member Alexander Hansson has purchased 50,000 shares at $1.8564 each, increasing his ownership to 1,035,000 shares. The Hansson family remains the largest private shareholder in the company. In light of current market uncertainties, Alexander remarked that these times present a good opportunity for share accumulation. This transaction highlights insider confidence in NAT’s potential amidst market fluctuations, reinforcing the company's stability and long-term outlook.

Positive

• Insider buying signals confidence in NAT's stock performance.
• Alexander Hansson increases his stake, indicating trust in the company's future prospects.

Negative

• None.

Argus Session date unavailable

-3.12% session move Open Argus

Details

News Market Reaction – NAT

The recorded move for NAT in the trading session of this news was -3.12%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

 

 

Friday, November 26, 2021

 

 

Dear Shareholders and Investors, 

 

Alexander Hansson, Board member in Nordic American Tankers Ltd and son of Herbjorn Hansson, the NAT Founder,Chairman and CEO, has today bought 50,000 share in NAT at $1.8564  per share.

 

Following the transaction, Alexander Hansson privately owns 1,035,000 shares in Nordic American Tankers Ltd. 

 

As in the past, the Hansson family is the largest private shareholder in NAT.

 

Alexander Hansson commented: “Uncertain times are normally good for our tankers. The recent set-back in stock markets is a good opportunity to accumulate shares”

 

 

Sincerely,

 

Herbjorn Hansson 

Founder, Chairman & CEO 

Nordic American Tankers Ltd.                                                           www.nat.bm  

 

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What recent stock purchase did Alexander Hansson make in NAT?

Alexander Hansson bought 50,000 shares of Nordic American Tankers Ltd at $1.8564 each.

How many shares does Alexander Hansson own after his recent purchase?

After his purchase, Alexander Hansson now owns 1,035,000 shares of NAT.

What does Alexander Hansson's stock purchase indicate about NAT?

It indicates confidence in the company's future, as he sees the current market conditions as a good opportunity to accumulate shares.

Is the Hansson family still the largest shareholder in NAT?

Yes, the Hansson family remains the largest private shareholder in Nordic American Tankers Ltd.