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0 -0.00557592666400946 -0.00119569549621353 -0.00358708648864089 0.00757273814268638 0 0.00159426066161828 0.00239139099242735
Stock impact report

FRO – Strategic Fleet Renewal and Expansion [Yahoo! Finance]

Frontline Ltd. Ordinary Shares (FRO) 
Last frontline ltd. ordinary shares earnings: 2/27 01:30 am Check Earnings Report
US:NYSE Investor Relations: frontline.bm/page/7/investor_relations
Company Research Source: Yahoo! Finance
Sale of eight of its oldest 1 st generation ECO VLCCs The Company has entered into an agreement to sell eight of its oldest 1 st generation ECO Very Large Crude Carriers (VLCCs), built between 2015 and 2016. These vessels are being sold for a total sales price of $831.5 million, with delivery to the new owner scheduled during the first quarter of 2026. After repayment of existing debt on the vessels, the transaction is expected to generate net cash proceeds of approximately $486.0 million and the Company expects to record a gain in the first quarter of 2026 in the range of approximately $217.4 million to $226.7 million, depending on the delivery date of each vessel. The sale remains subject to certain closing conditions, in line with industry standards. Acquisition of nine latest generation scrubber-fitted ECO VLCC newbuilding contracts In parallel, the Company has entered into an agreement to acquire nine latest generation scrubber-fitted ECO VLCC newbuilding contracts from an Show less Read more
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