Diana Shipping Inc. Announces Final Results of Self Tender Offer for Shares of Common Stock
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Diana Shipping Inc. completed a self-tender offer, purchasing 15 million shares at $2.00 each. The offer expired on December 31, 2024.

January 07, 2025 | 10:45 am
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Diana Shipping Inc. completed a self-tender offer, purchasing 15 million shares at $2.00 each. This buyback could positively impact the stock price by reducing the number of shares outstanding.
The completion of a self-tender offer typically reduces the number of shares outstanding, which can lead to an increase in the stock price due to higher earnings per share. The buyback of 15 million shares at $2.00 each indicates a significant reduction in share count, likely leading to a positive short-term impact on DSX's stock price.
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IMPORTANCE 80
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