Herbjorn Hansson and his son Alexander have increased their stake in Nordic American Offshore to 7.7% after two blocks of shares this week.
Snapping up shares while they are still at a fraction of their year high, the pair have purchased an additional 500,000 shares for $1.25 each today.
NAO shareholders
Nordic American Tankers | 22.6% |
Magnus Roth | 12.9% |
Hansson family | 7.7% |
That followed their purchase of 300,000 shares yesterday at $1.17