Dividends & Buybacks ·
CBL International declared a special cash dividend of $0.10 per share for Class A and Class B ordinary shares, payable…
BANLCBL International Ltd
CBL International declared a special cash dividend of $0.10 per share for Class A and Class B ordinary shares, payable on September 18, 2026 to shareholders of record as of August 28, 2026. The company reported first-half 2026 revenue of $395.59 million, a 49.2% increase year-over-year, driven by higher oil prices and a 10.9% rise in sales volume. Gross profit more than doubled to $6.53 million with an expanded margin of 1.65%, resulting in a net income of approximately $1.50 million compared to a prior-year loss. CBL also acquired a 50.5% stake in Green Marine Energy Holdings Limited for US$4.81 million to expand into sustainable fuel distribution and completed a 1-for-13 reverse stock split effective July 20, 2026, to regain Nasdaq compliance. The company operates as a marine fuel logistics provider facilitating vessel refueling services across more than 70 global ports.