Scorpio Tankers Inc. Announces Purchase of Call Options by the President of the Company

Core Points - Scorpio Tankers Inc. announced that its President, Robert Bugbee, purchased call options on 234,300 common shares for a total of $1.5 million, with a strike price of $67.50 and expiration in January 2025 [1] Company Overview - Scorpio Tankers Inc. is a global provider of marine transportation for petroleum products, owning or leasing 102 product tankers, including 39 LR2, 49 MR, and 14 Handymax tankers, with an average age of 8.4 years [2] - The company has agreements to sell two MR tankers, expected to close in the fourth quarter of 2024 [2]