Arne S.'s questions to BW LPG (BWLP) leadership • Q1 2025
Question
Arne S. asked for the confidence level of the Product Services Value at Risk (VaR) and questioned the decision to limit share buybacks to $2.7 million when a $20 million capacity was available.
Answer
CFO Samantha Xu confirmed the confidence level for the Product Services VaR is 95%. CEO Kristian Sørensen explained the limited buyback was due to daily trading volume restrictions, a rapid increase in the share price after the program's activation, and the onset of the pre-earnings blackout period.