Dorian LPG Ltd. (LPG) has priced its underwritten public offering of 2 million shares of common stock, par value $0.01 per share, at $44.50 per share. The net proceeds are expected to be used for general corporate purposes.
Dorian LPG is an owner and operator of modern Very Large Gas Carriers that transport liquefied petroleum gas globally. Its fleet consists of twenty-five modern VLGCs, including twenty ECO VLGCs and four dual-fuel ECO VLGCs.
Shares of Dorian LPG are down 8% in pre-market trade on Thursday.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.