Golar LNG to buy GMLP shares

Golar LNG Limited said it has approved a unit purchase program under which the company may purchase up to $25 million worth of Golar LNG Partners (GMLP) outstanding units over the next 12 months. 

Given Golar LNG Partners’ current yield of approximately 11%, the company views this purchase program as an attractive investment opportunity,” Golar said in a statement.

The company intends to purchase units from time to time for cash in open market transactions or in privately-negotiated transactions, it added.

 

Image: Golar LNG Partners

 

 

Share this article

Follow LNG World News

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >