Vantage Corp Completes Share Repurchase Program
Vantage Corp (NYSE American: VNTG) ("Vantage" or the "Company"), a shipbroking company providing comprehensive services including brokerage, consultancy and operational support in the tanker market, today announced the completion of its previously authorized $1.0 million share repurchase program.
As of June 30, 2026, the Company had repurchased 1,076,610 Class A ordinary shares under its share repurchase program at an aggregate net cost of US$997,897.72, including brokerage commissions and other transaction costs. The share repurchases, conducted in the open market through the Company's broker, were executed during the period from November 6, 2025 to June 30, 2026 pursuant to the Company's share repurchase program announced on November 5, 2025.
"The completion of our share repurchase program reflects our belief that Vantage's shares may be undervalued and do not fully reflect the strength and long-term potential of our business," said Vantage Corp CEO Andre D'Rozario. "Although the current market environment, marked by volatility, geopolitical disruptions, and shifts in global trade flows, has affected the broader maritime transportation industry, we believe Vantage’s core fundamentals remain resilient. As market conditions normalize and geopolitical tensions ease, we are cautiously optimistic that these fundamentals will support the normalization of our business and financial profile over time. We remain focused on executing a clear plan designed to build durable, long-term value for our shareholders.”
