Euronav has made its first share buyback move after winning permission from investors in May.
The New York and Brussels-listed tanker giant said it had acquired its own stock on both exchanges in deals worth $28.1m for 3.38m shares.
The company now owns 8.32m — nearly 4% — of its own shares.
"Euronav remains committed to its guidance ... to target a return of at least 80% of net income to shareholders per quarter," the tanker owner said.
