Genco Shipping & Trading Issues Statement Regarding Diana Shipping’s Letter to Shareholders
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm
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US:NYSE Investor Relations:
gencoshipping.com
Company Research
Source: GlobeNewswire
NEW YORK, April 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding Diana Shipping Inc.’s (“Diana”) letter to Genco shareholders: The Genco Board of Directors and management team are committed to maximizing value for Genco shareholders. Today, Diana issued a letter as part of its efforts to take control of Genco through an inadequate acquisition proposal and through replacing the entire Genco Board with its handpicked nominees. We encourage shareholders to ignore Diana’s letter and not be distracted by its inflammatory and misleading statements. Instead, Genco shareholders should keep in mind the following: Genco’s comprehensive value strategy continues to deliver strong operating results and superior shareholder returns. Since April 2021, we have distributed $292 million in dividends
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News
- Genco Shipping Sets Out Value Plan In Fight Over Diana Takeover [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading (GNK) was downgraded by Zacks Research from "strong-buy" to "hold".MarketBeat
- Genco Shipping & Trading Sends Letter to ShareholdersGlobeNewswire
- Genco Shipping & Trading Limited Announces Delivery of Second High Specification Newcastlemax Vessel This YearGlobeNewswire
- Diana Shipping: Proposed Genco Acquisition Unlikely To Benefit Shares - Hold [Seeking Alpha]Seeking Alpha
GNK
Earnings
- 2/17/26 - Beat
GNK
Sec Filings
- 4/13/26 - Form DEFA14A
- 4/13/26 - Form DFAN14A
- 4/13/26 - Form SCHEDULE
- GNK's page on the SEC website