Ardmore Shipping Announces New Capital Allocation Policy
Ardmore Shipping Corporation (ASC)
Last ardmore shipping corporation earnings: 2/11 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
ardmoreshipping.com
Company Research
Source: PR Newswire
HAMILTON, Bermuda, March 9, 2020 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced a new capital allocation policy which sets out the Company's priorities among fleet maintenance, financial strength, accretive growth and returning capital to shareholders. Ardmore believes that a transparent capital allocation policy with clear priorities will enable the Company to better respond to market conditions and fully align the Company and shareholders in pursuit of long-term value creation. Commencing with the current quarter ending March 31, 2020, the Company will transition to the new policy and will provide updates to its capital allocation priorities on quarterly earnings calls.Ardmore's priorities for capital allocation will initially be in the following order:Maintain fleet: Ardmore is committed to maintaining a best-in-class fleet of modern, fuel-efficient product tankers. Investments will include upgrades for improved operating per
Show less
Read more
Impact Snapshot
Event Time:
ASC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASC alerts
High impacting Ardmore Shipping Corporation news events
Weekly update
A roundup of the hottest topics
ASC
News
- Should You Buy Ardmore Shipping Corporation (NYSE:ASC) For Its Upcoming Dividend? [Yahoo! Finance]Yahoo! Finance
- Ardmore Shipping Co. (NYSE: ASC) had its price target lowered by analysts at Jefferies Financial Group Inc. from $20.00 to $17.00. They now have a "buy" rating on the stock.MarketBeat
- We Think That There Are Some Issues For Ardmore Shipping (NYSE:ASC) Beyond Its Promising Earnings [Yahoo! Finance]Yahoo! Finance
- Investors Shouldn't Overlook Ardmore Shipping's (NYSE:ASC) Impressive Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Ardmore Shipping (ASC) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
ASC
Earnings
- 11/6/24 - Miss
ASC
Sec Filings
- 11/6/24 - Form 6-K
- 11/6/24 - Form 6-K
- 9/26/24 - Form 144
- ASC's page on the SEC website