Euronav retains substantial dividend due to merger strife

The Belgian tanker operator could pay out major dividends to stockholders but refrains from doing so because of a conflict with the company’s two major shareholders.
Photo: Rebecca Naden/Reuters/Ritzau Scanpix
Photo: Rebecca Naden/Reuters/Ritzau Scanpix

Euronav, which had a tremendous 2022 on the thriving tanker market, is taking new measures against its two primary stakeholders.

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