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home / news releases / GRIN - Grindrod Shipping reports $8.5M in shares repurchased in past month

GRIN - Grindrod Shipping reports $8.5M in shares repurchased in past month

Grindrod Shipping Holdings Ltd.
Grindrod Shipping (NASDAQ:GRIN) provides an update on its share repurchase program indicating that it has acquired a combined total of 591,673 ordinary shares on NASDAQ and the JSE over the period from Nov.19 to Dec.8. The repurchased shares were acquired at an average price per share of $14.38, or ZAR226.10 based on the Bloomberg ZAR/USD exchange rate for a total consideration of $8.5M. The repurchased shares represent 3.1% of the shares outstanding prior to the repurchases. Quick look at the company's trading data:

For further details see:

Grindrod Shipping reports $8.5M in shares repurchased in past month
Stock Information
Company Name: Grindrod Shipping Holdings Ltd.
Stock Symbol: GRIN
Market: NASDAQ
Website: grinshipping.com
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