Dorian LPG has awarded bonus payments to top executives and sprung a $50m share buyback after returning to the black for the fiscal first quarter.
The VLGC giant has posted a loss for the past three financial years, but has started its 2020 fiscal year in the black in a rising freight market.
Cash bonus payments running to $800,000 for senior executives were today approved, alongside restricted stock awards which boost the overall pot to $1.885m.
