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Scorpio Tankers updates on buybacks and tanker delivery

Aug. 12, 2015 9:16 AM ETScorpio Tankers Inc. (STNG) StockBy: Clark Schultz, SA News Editor
  • Scorpio Tankers (NYSE:STNG) discloses it has purchased 1.716M shares at an average price of $10.48 per share in August as part of its $250M buyback program.
  • The company has purchased a total of 1.986M shares at an average price of $10.42 per share which leaves it with a balance of $227.6M.
  • Scorpio also announces it took delivery of two LR2 product tankers in August.

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