Performance Shipping Inc. Announces Completion of US$2 Million Share Buyback Plan and Initiates New US$2 Million Share Buyback Plan
Performance Shipping Inc. - Common Shares (PSHG)
Company Research
Source: GlobeNewswire
ATHENS, Greece, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced the successful completion of the US$2 million share repurchase plan announced in April 2023 (the “April Plan”). Under this plan, the Company repurchased a total of 2,222,936 common shares for a total amount of approximately US$2 million. Additionally, the Company announced that its Board of Directors has approved a new share repurchase plan (the “Plan”). Under the Plan, the Company may repurchase up to $2 million of its outstanding common shares, representing approximately 12.2% of its market capitalization based on 10,910,319 outstanding common shares and the share price as of the close of trading on Friday, August 18, 2023. Andreas Michalopoulos, the Company’s Chief Executive Officer, stated: “We are pleased to announce the completion of our initial share buyback prog
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News
- Performance Shipping Inc. Announces Delivery of the Second of Two 2019-Built Suezmax Tankers, M/T P. Beverly HillsGlobeNewswire
- Performance Shipping (NASDAQ:PSHG) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Performance Shipping Inc. Announces Delivery of the First of Two 2019-Built Suezmax Tankers, M/T P. Bel Air [Yahoo! Finance]Yahoo! Finance
- Performance Shipping Inc. Announces Delivery of the First of Two 2019-Built Suezmax Tankers, M/T P. Bel AirGlobeNewswire
- Performance Shipping (NASDAQ:PSHG) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
PSHG
Sec Filings
- 12/22/25 - Form 6-K
- 12/17/25 - Form 6-K
- 12/5/25 - Form 6-K
- PSHG's page on the SEC website