KNOT Offshore Partners (KNOP) extended a stock buyback programme after the shuttle tanker owner and its parent purchased just 271,000 of the 1 million shares authorised.
The New York-listed company spent $2.3m to buy nearly 181,000 of its shares though the programme in the fourth quarter. Its general partner, UK-based Knutsen NYK Offshore Tankers, scooped up nearly 90,400 of the shares.
KNOP’s
