06:05 AM EDT, 04/08/2025 (MT Newswires) -- BW LPG ( BWLP ) said Tuesday it launched a program to repurchase up to 3 million shares for up to $20 million from the open market, effective immediately.

The company's current share price is trading at a "significant discount" to both implied historical asset values and net asset value, Chief Executive Kristian Sorensen said.

BW shares were up 2.1% in recent premarket activity.