The Antwerp-based company said more than 42.9 million shares were tendered for the exchange, out of nearly 95.1 million total shares.

The exchange offer expired on 23 March. The newly US-registered shares will begin trading Wednesday on the NYSE, which will be the home of roughly 50% of Euronav’s total float. That leaves the other half on the Euronext Brussels.

Repositioning allowed

Shareholders will be able to “reposition” shares from one exchange to the other beginning 28 April.

Euronav,