Scorpio Tankers to offer 20M shares


Scorpio Tankers (STNG) plans to offer 20M common shares to raise funds for acquiring more fuel-efficient tanker vessels in an effort to gain an edge in a competitive market.

STNG recently had ~164.7M shares outstanding.

Shares -6.1% premarket.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs