Diana Shipping has spent another $10m in buying back its shares in another massively oversubscribed self-tender offer.
The New York-listed bulker owner on Tuesday said it had offered to purchase up to 3,030,303 shares of its common stock at a price of $3.30 each.
However, 17,863,381 shares were tendered in the offer, which was oversubscribed by almost six times.
