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Stock impact report

Overseas Shipholding Shares Up 7% After Company Announces Share Buybacks [MarketWatch]

Overseas Shipholding Group, Inc. Class A (OSG) 
US:NYSE Investor Relations: osg.com/investor-relations
Company Research Source: MarketWatch
board authorized a program to purchase up to five million shares of the company's common stock. At 5:35 p.m. ET, the company's stock had risen 7.77% to trade at $2.22 a share. The stock finished the day's regular session with a 4.63% loss, closing at $2.06 a share. The company has a market capitalization of $189.6 million, 87.78 million shares outstanding and a public float of 68.07 million shares. Overseas Shipholding said it provides energy transportation services for crude oil and petroleum products. Write to Stephen Nakrosis at stephen.nakrosis@wsj.com Show less Read more
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