Nasdaq-listed Stealth pushed the original $10m initiative out to $30m, having taken all but $1m of the stock previously available.
The upsizing came as StealthGas reported a $6.2m impairment on vessels held for scrap had contributed to a $1.2m loss for the quarter.
Stripping out this and other one-off items, its quarterly profit was up marginally from $5.3m to $5.9m year-on-year.
Earnings per share of $0.14
