#share buyback #Flex LNG #Bermuda #Hamilton #stock repurchase

Overview

Flex LNG Ltd., a leader in the liquefied natural gas (LNG) shipping sector, has announced a significant step to boost shareholder value through a strategic share buyback program. On August 20, 2025, the Board of Directors authorized a repurchase of up to $15 million worth of shares that are currently outstanding, signaling the company's confidence in its future prospects.

Share Buyback Program Details

The approved buyback program will have a duration from August 20, 2025, to November 27, 2025. Under the program, Flex LNG intends to repurchase a maximum of 900,000 shares. The shares acquired through this initiative will be held as treasury stock, reflecting an effort to stabilize and potentially enhance the stock's performance in the market.

Flex LNG has established an agreement with DNB Markets, Inc. and DNB Carnegie, part of DNB Bank ASA, to conduct open market transactions on the Oslo Stock Exchange (OSE) and the New York Stock Exchange (NYSE). This dual-market approach provides comprehensive access to both domestic and international investors, enhancing liquidity and visibility.

To ensure compliance, repurchases on the OSE will be conducted in accordance with the Market Abuse Regulation (EU) No 596/2014, while those on the NYSE will adhere to U.S. securities regulations, particularly the safe harbor provisions outlined in Rule 10b-18 of the Securities Exchange Act of 1934.

Factors Influencing Purchases

The timing, quantity, and pricing of the shares to be repurchased will depend on a range of factors. These include stock price fluctuations, general market conditions, and regulatory considerations surrounding stock market practices. The management at Flex LNG has indicated that they maintain the discretion to modify the terms of this buyback program, including decisions on its duration and scale based on real-time market evaluations.

Future Implications for Shareholders

This initiative underscores Flex LNG's commitment to returning capital to shareholders while continuing to navigate the competitive landscapes of the maritime and LNG sectors. Importantly, the funds allocated for this buyback will be treated separately from the company's future dividend distributions. The specifics of dividend payouts will remain at the discretion of Flex LNG's Board of Directors, adhering to the established dividend policy.

As the company implements this buyback strategy, it aims not only to enhance shareholder value but also to signal its robust financial health. As this program unfolds, market observers and stakeholders will closely monitor how effectively it impacts the company’s stock performance.

Conclusion

Flex LNG’s share buyback program is a calculated move intended to reinforce its stock value while illustrating a profound commitment to its investors. The repurchase initiative promises not just to stabilize share prices, but also to reflect active management in maintaining shareholder trust amidst fluctuating market dynamics. Stakeholders are encouraged to remain engaged with the company’s ongoing developments, particularly as this buyback program progresses in the coming months.