Performance Shipping Inc. Announces $4.0 Million Share Buyback Plan

🇬🇷 Hellenic Shipping News (GR) —

AI Summary

Performance Shipping’s board approved a share repurchase plan of up to $4 million in common shares. The company owns tanker vessels and said it may conduct purchases under Rule 10b-18.

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced today that its Board of Directors has approved a share repurchase plan (the “Plan”). Under the Plan, the Company may repurchase up to $4.0 million of its outstanding common shares. The Company may repurchase common shares pursuant to Rule 10b-18 ...

Markets Shipping Performance Shipping share buyback tanker vessels shipping company common shares Rule 10b-18

Read original source →