Ardmore Shipping Announces New Capital Allocation Policy
Ardmore Shipping Corporation (ASC)
Last ardmore shipping corporation earnings: 2/11 08:30 am
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US:NYSE Investor Relations:
ardmoreshipping.com
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Source: PR Newswire
HAMILTON, Bermuda, March 9, 2020 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced a new capital allocation policy which sets out the Company's priorities among fleet maintenance, financial strength, accretive growth and returning capital to shareholders. Ardmore believes that a transparent capital allocation policy with clear priorities will enable the Company to better respond to market conditions and fully align the Company and shareholders in pursuit of long-term value creation. Commencing with the current quarter ending March 31, 2020, the Company will transition to the new policy and will provide updates to its capital allocation priorities on quarterly earnings calls.Ardmore's priorities for capital allocation will initially be in the following order:Maintain fleet: Ardmore is committed to maintaining a best-in-class fleet of modern, fuel-efficient product tankers. Investments will include upgrades for improved operating per
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- Ardmore Shipping Corp (ASC) Q3 2025 Earnings Call Highlights: Strong Earnings Amid Market Volatility [Yahoo! Finance]Yahoo! Finance
- Ardmore Shipping (NYSE:ASC) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $15.00 price target on the stock.MarketBeat
- Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2025PR Newswire
- Ardmore Shipping (NYSE:ASC) had its price target raised by analysts at Evercore ISI from $13.00 to $15.00. They now have an "outperform" rating on the stock.MarketBeat
- Ardmore Shipping Announces Third Quarter 2025 Conference Call and WebcastPR Newswire
ASC
Earnings
- 7/30/25 - Beat
ASC
Sec Filings
- 11/7/25 - Form 144
- 11/5/25 - Form 6-K
- 11/5/25 - Form 6-K
- ASC's page on the SEC website