Scorpio Services completed its fourth bloc of share purchases in the Scorpio Tankers.
Scorpio Services, a private company controlled by the Lolli-Ghetti family, splashed out $762,000 on its latest repurchase done at a price of $3.81 per share.
Since mid-February, Scorpio Services has spent a total of $7.1m buying 1.67 million of Scorpio Tanker shares at a weighted average price of $4.25 per share.
Scorpio Tankers was founded by the Lolli-Ghettis and is led by Emanuele Lauro, a member of the family.
