As he periodically does, Scorpio Tankers president Robert Bugbee has bought options on the company's shares.
The New York-traded firm said after the close on Wednesday that Bugbee has options on an aggregate of 300,000 common shares for a consideration of $750,000.
The options have a strike price of $12 and expire in July.
Scorpio Tankers shares closed down roughly a quarter on Wednesday, falling to $13.16,
