NYSE-listed Diana Shipping announced a third successive share purchase plan this week.
According to Diana CEO and chairman Simeon Palios, said the commencement of a tender offer to purchase up to 3.125 million shares, or about 3.1 percent, of its outstanding common stock, using funds available from cash and cash equivalents at a price of 3.20 USD per share.
The offer expires on May 13, 2019, unless extended or withdrawn earlier.
