Press Releases May 29, 2026 09:56 AM

Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson purchase more shares in NAT

Vice-Chairman Alexander Hansson increases holdings, reinforcing confidence in Nordic American Tankers Ltd.

By Ajmal Hussain NAT

Nordic American Tankers Ltd announced that Alexander Hansson, Vice-Chairman, has purchased an additional 300,000 shares at $5.16 each, increasing the Hansson family's total holdings to 11,355,000 shares, representing 5.4% of the company. The Hansson family remains the largest private shareholder group. The company expresses positive prospects for its business moving forward.

Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson purchase more shares in NAT

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Key Points

Alexander Hansson, Vice-Chairman, increased his stake by 300,000 shares at $5.16 per share.
The Hansson family collectively holds 5.4% of outstanding shares, maintaining status as largest private shareholder.
Company outlook described as very good, signaling confidence in future performance.

Friday, May 29, 2026

Dear Shareholders and Investors,

We are pleased to advice that Alexander Hansson, Vice-Chairman of NAT has bought 300,000 shares at $5.16 per share, bringing his holdings to 5,855,000 shares.

Following this transaction, the Hansson family collectively owns 11,355,000 shares and has 5.4% of the total outstanding shares in NAT.

As in the past, the Hansson family is the largest private shareholder group in the company.

Propsects for our group are very good.

For further information on Nordic American Tankers, please see www.nat.bm

Sincerely,

Herbjorn Hansson

Founder, Chairman & CEO

Nordic American Tankers Ltd

Contacts:

Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391

Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171

Risks

The announcement does not provide detailed financial guidance or operational updates, potentially leaving investors uncertain.
Market fluctuations in the tanker shipping sector could affect stock performance despite insider buying.
No mention of macroeconomic or industry-specific challenges that might impact the company’s prospects.

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Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson purchase more shares in NAT

Key Points

Risks

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