Flex LNG spent the last two weeks on a Christmas gift to shareholders: the repurchase of nearly 53,000 shares.

The John Fredriksen-backed gas carrier owner made separate disclosures on Thursday that it bought back three tranches of shares on 21, 29 and 30 December, bringing its total holding to 202,797.

On 21 December, the New York and Oslo dual-listed company spent nearly NOK 2m ($233,932) repurchasing 26,750 shares on the Oslo Stock Exchange.