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Stockholders' equity and dividend payment | 12 Months Ended
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Dec. 31, 2025
Stockholders' equity and dividend payment [Abstract] |
Stockholders' equity and dividend payment | Note 10 – Stockholders’ equity and dividend payment Stockholders’ equity
(Dollars in thousands, except per share data) |  | Common stock |  |  | Preferred stock |
Issued at December 31, 2022 |  |  | 162,653,339 |  |  |  |
Restricted stock issued |  |  | 556,130 |  |  |  |
Retirement of treasury shares |  |  | (2,209,927 | ) |  |  |
Issued at December 31, 2023 |  |  | 160,999,542 |  |  |  |
Restricted stock issued |  |  | 464,945 |  |  |  |
Retirement of treasury shares |  |  | (1,481,383 | ) |  |  |
Issued at December 31, 2024 |  |  | 159,983,104 |  |  |  |
Restricted stock issued |  |  | 816,303 |  |  |  |
Issued at December 31, 2025 |  |  | 160,799,407 |  |  |  |
Par value |  | $ | 0.01 |  |  | $ | 0.01 |
Number of shares authorized for issue at December 31, 2025 |  |  | 250,000,000 |  |  |  |  |
Common stock Each outstanding share of common stock entitles the holder to one vote on all matters submitted to a vote of stockholders. Preferred stock Terms and rights of preferred shares will be established by the board when or if such shares would be issued. Acquisition of non-controlling interests In April 2025, the Company acquired an additional 46.8% ownership of Goodwood Ship Management Pte. Ltd., a privately owned ship management company incorporated under the laws of the Republic of Singapore, for a purchase price of $6,131 thousand in cash. Following the acquisition, Goodwood Ship Management Pte. Ltd. is 100% owned by DHT Holdings, Inc. The carrying value of the non-controlling interest of Goodwood Ship Management Pte Ltd was $4,437 thousand, and the difference recognized in equity attributable to owners of the Company comprised of an increase in accumulated deficit of $1,849 thousand and an increase in the translation differences of $156 thousand. Stock repurchases No stock repurchases were made during the year 2025. In 2024, the Company purchased 1,481,383, or 0.9%, of its outstanding shares in the open market for an aggregate consideration of $13.2 million, at an average price of $8.89 per share. All shares were retired upon receipt. In 2023, the Company purchased 2,209,927 of its own shares in the open market for an aggregate consideration of $18.8 million, at an average price of $8.49 per share. All shares were retired upon receipt. Dividend payments
Dividend payments as of December 31, 2025: |  |  |  | Per share
Payment date: |  | Total payment |  | Common
February 25, 2025 | $ | 27,286 thousand |  | $ | 0.17
May 28, 2025 | $ | 24,091 thousand |  | $ | 0.15
August 25, 2025 | $ | 38,592 thousand |  | $ | 0.24
November 19, 2025 | $ | 28,944 thousand |  | $ | 0.18
Total payments as of December 31, 2025 | $ | 118,913 thousand |  | $ | 0.74
Dividend payments as of December 31, 2024: |  |  |  | Per share
Payment date: |  | Total payment |  | Common
February 28, 2024 | $ | 35,492 thousand |  | $ | 0.22
May 31, 2024 | $ | 46,786 thousand |  | $ | 0.29
August 30, 2024 | $ | 43,595 thousand |  | $ | 0.27
November 29, 2024 | $ | 35,522 thousand |  | $ | 0.22
Total payments as of December 31, 2024 | $ | 161,396 thousand |  | $ | 1.00
Dividend payments as of December 31, 2023: |  |  |  | Per share
Payment date: |  | Total payment |  | Common
February 24, 2023 | $ | 61,935 thousand |  | $ | 0.38
May 25, 2023 | $ | 37,487 thousand |  | $ | 0.23
August 30, 2023 | $ | 56,661 thousand |  | $ | 0.35
November 28, 2023 | $ | 30,590 thousand |  | $ | 0.19
Total payments as of December 31, 2023 | $ | 186,672 thousand |  | $ | 1.15
Refer to Note 17 for the dividend paid after the reporting date.

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