Flex LNG making use of its buyback plan as it dips back into market

Since initiating its share buyback plan last month, Flex LNG has bought back 80,000 shares.

The John Fredriksen-backed gas carrier owner reported on Wednesday that it had bought 20,731 of its shares on the Oslo Stock Exchange for NOK 67.46 ($7.64) each or a total of NOK 1.4m.

The company, which trades both in Oslo and on the New York Stock Exchange, dipped into the market four other times since