The Oslo-listed LPG carrier owner said today that it bought 54,000 shares at NOK 107 apiece.
On Friday, the company scooped up 40,039 shares at NOK 106.54 each.
As TradeWinds reported last week, the company’s $15m buyback effort aims to purchase up to 1.5 million shares in the open market and potentially through private offerings.
Avance said it will not pay more than NOK 133 ($17.85)
