Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 240

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 16E
Chunk 240
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Item 16E.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
113 
Item
16E.
Purchases
of
Equity
Securities
by
the
Issuer
and
Affiliated 
Purchasers 
On May 23, 2014, we announced that our
Board of Directors authorized a share repurchase
plan for up to 
$100 million of the Company’s common shares. The
plan does not have an expiration date. During 2024, 
we did
not repurchase
any shares
of common
stock and
as of
December 31,
2024 and
the date
of this 
report, there
is an
outstanding value
of about
$66.3 million
of common
shares that
can be
repurchased 
under
the
plan.
On
December
2,
2024,
the
Company
commenced
a
tender
offer
to
purchase
up
to 
15,000,000 shares of its
outstanding common stock, at
$2.00 per share, using
funds available from cash 
and
cash
equivalents.
The
tender
offer
was
settled
on
January
7,
2025
and
we
purchased
a
total
of 
11,442,645 shares of common stock for an aggregate amount of $22.9 million.