15/04/2019 Diana Shipping Inc. Commences Self Tender Offer to Purchase up to 3,125,000 Shares Athens, Greece, April 15, 2019 - Diana Shipping Inc. (NYSE: DSX) (the `Company`), a global shipping company specializing in the ownership of dry bulk vessels, today announced the commencement of a tender offer to purchase up to 3,125,000 shares, or about 3.1%, of its outstanding common stock using funds available from cash and cash equivalents at a price of $3.20 per share. The tender offer will expire at the end of the day, 5:00 P.M., Eastern Time, on May 13, 2019, unless extended or withdrawn. The Board of Directors determined that it is in the Company`s best interest to repurchase shares at this...
|
