KNOT Offshore Partners LP Announces Extension of Common Unit Purchase Program
All purchases of common units will be at prevailing prices on the open market or in privately negotiated transactions, as permitted by securities laws and other legal requirements. There is no obligation to purchase any specific number of common units and the program may be modified, suspended, extended or terminated be at any time. Any common units repurchased by the Partnership under the program will be cancelled.
Common units will be purchased only during periods where the Partnership and the General Partner are not aware of material inside information that would likely affect a seller's decision to sell.
The Partnership owns, operates and acquires shuttle tankers under
long-term charters in the offshore oil production regions of the