Oslo-listed Aker Philadelphia says it has acquired 166,457 shares under the offer during which it was open to taking back 650,000 units.
The offer was part of a wider share buyback initiative at the shipyard, which could see it repurchase 10% of the company by next summer.
Presently the shipbuilder holds 185,203 shares, equal to a 1.47% stake.
Aker Philadelphia is working with Pareto Securities on the share repurchasing scheme.
Aker’s