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Security Profile
- Security Type
- Common Stock
- CUSIP
- Y8565N300 (prev. Y8565N102 )
- Market Cap
- Mid Cap
Business: Teekay Tankers Ltd. was formed in December 2007 by Teekay Corporation as part of their strategy to expand their conventional oil tanker business. Teekay Tankers currently owns a fleet of double-hull Aframax tankers, double-hull Suezmax tankers, product tankers and one VLCC, which an affiliate of Teekay Corporation manages through a mix of short- or medium-term fixed-rate time-charter contracts and spot tanker market trading.
Notes: Nov. 25, 2019 -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today announced that it has effected its previously-announced one-for-eight reverse stock split of the Company’s Class A common shares, par value $0.01 per share, and Class B common shares, par value $0.01 per share (the Reverse Stock Split). The Company’s Class A common shares will begin trading on a split-adjusted basis on the New York Stock Exchange (NYSE), as of the opening of trading on November 25, 2019. The Company’s Class A common shares will continue to trade on the NYSE under the symbol “TNK” but have been assigned a new CUSIP number, Y8565N300.
Company Contact
- CEO
- Kenneth Hvid
- CFO
- Vincent Lok
- Investor Relations
- Ryan Hamilton · 604-844-6654 · investor.relations@teekaytankers.com