Greece’s Okeanis Eco Tankers has made progress on its $5m share buyback drive as it dishes out ship sale proceeds.
The Oslo-listed arm of the Alafouzos family’s shipping empire stated its intention to return cash to shareholders in November, through the stock plan and a $10m hand-out.
Okeanis said this week it had acquired 122,573 of its own shares at an average price of NOK 71 ($8) during the last seven trading days.
