The program, previously set to expire on December 31, 2025, has been extended for a further 12-month period. Under the program, the Company may repurchase up to $25.0 million of its outstanding common shares in the open market. As of today, approximately $20.1 million remains available for repurchases, while the program will remain effective through the period ending December 31, 2026.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHIP:
- Positive Outlook for Seanergy Maritime: Buy Rating Affirmed with Increased Shipping Rate Estimates and Strong Financial Position
- Seanergy Maritime Elects New Directors and Confirms Auditors at 2025 Shareholder Meeting
- Seanergy Marine announces sale of M/V Geniuship for $21.6M
- Seanergy Maritime Announces 2025 Annual Shareholder Meeting Amid Strong Financial Performance