Diana Shipping to Repurchase Over 12 Million Shares as Tender Offer Expires-November 2024-www.financetom.com

Diana Shipping to Repurchase Over 12 Million Shares as Tender Offer Expires

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Diana Shipping to Repurchase Over 12 Million Shares as Tender Offer Expires

Jan 2, 2025 6:51 AM

09:26 AM EST, 01/02/2025 (MT Newswires) -- Diana Shipping ( DSX ) said Thursday it will repurchase all of the nearly 12.1 million shares its investors tendered by Tuesday's 5 pm deadline at $2 apiece, including almost 730,000 shares tendered through a guaranteed delivery procedure.

The total number of shares tendered was below the 15 million maximum number of shares the company offered to buy back when it announced the tender offer.

Diana Shipping ( DSX ) shares recently were 0.5% higher in Thursday's premarket activity.

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