Wellard Ltd Approves Sale of MV Ocean Drover and Capital Return
I'm PortAI, I can summarize articles.
Wellard Ltd. has received shareholder approval for the sale of the MV Ocean Drover for US$50 million. The proceeds will be returned to shareholders at 15 cents per share, with the sale expected in late July and capital return around August 28, 2025. This move aims to optimize Wellard's asset portfolio and benefit shareholders directly. Wellard operates in livestock transportation, focusing on the export of live animals.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments