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QuotedData’s morning briefing 17 July 2024 – SHIP

a containership

In QuotedData’s morning briefing 17 July 2024:

  • Tufton Oceanic Assets (SHIP) will return about US$31.5m by way of a compulsory redemption of up to 20,328,259 shares at US$1.550 per share (the as at 30 June 2024). The record date (when you have to be on the register to participate) is 14 August 2024. To illustrate, a holder of 100,000 shares will have 6,983 shares redeemed, and receive US$10,823.65 in cash. Payment should be around 28 August 2024.

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