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Stock impact report

Scorpio Tankers Inc. Announces Purchase of Call Options by President of the Company

Scorpio Tankers Inc. Common Shares (STNG) 
Last scorpio tankers inc. common shares earnings: 2/19 06:40 am Check Earnings Report
Company Research Source: GlobeNewswire
MONACO, Sept. 25, 2019 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the President of the Company, Robert Bugbee, has purchased call options on 150,000 common shares (or 1,500 call option contracts) of the Company with strike price of $28.00 and an expiration of January 2020 for the consideration of $492,000. About Scorpio Tankers Inc.Scorpio Tankers is a provider of marine transportation of petroleum products worldwide. The Company currently owns or finance leases 109 product tankers (38 LR2 tankers, 12 LR1 tankers, 45 MR tankers and 14 Handymax tankers) with an average age of 4.1 years and bareboat charters-in 10 product tankers (three MR tankers and seven Handymax tankers).  The fleet numbers excluded the ships to be acquired from Trafigura (see press release from September 24, 2019). Forward-Looking StatementsThe matters discussed in this press release may constitute forward-looking statements. The Private Securities Show less Read more
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