Oscar's questions to Hafnia Ltd (HAFN) leadership • Q4 2024
Question
Oscar asked about the expected impact of potential trade tariffs on upcoming quarters and whether the company was considering more share buybacks in Q1 given the lower share price.
Answer
VP of Commercial Søren Winther stated that trade turmoil is generally positive for shipping as it increases ton-miles. CEO Mikael Opstun Skov reiterated that share buybacks are an opportunistic tool to be used on an ad hoc basis when the Board deems the timing and price to be right.