DHT Holdings holders vote to increase number of authorized shares DHT Holdings announced the results of its January 20 Special Meeting of Shareholders. The shareholders voted to amend DHT's amended and restated articles of incorporation to increase the number of authorized shares of common stock from 30M to 150M and to increase the number of authorized shares of capital stock from 31M to 151M.
DHT Holdings announces dividend policy DHT Holdings announced a new policy regarding dividend and capital allocation. As a result of the current tanker market, DHT intends to return at least 60% of its ordinary net income to shareholders. Further, DHT intends to use a significant amount of surplus cash flow after returning such capital to shareholders to deliver its balance sheet. DHT will commence its new capital allocation policy starting with Q2.