Diana Shipping expects to continue buying back its shares, having retaken $48m worth over the past year with another $10m earmarked for repurchase.
The Simeon Palios-led bulker owner put out its latest offer of 2.74 million shares last month following four others since late 2018.
The New York-listed company plans to keep doing this as long as its share price is below net asset value (NAV), chief strategy officer Ioannis Zafirakis said.
