Brief: Overseas Shipholding Group Announces Off-Market Share Repurchase

Octave Specialty

28/08/2023 14:16

Aug 28 (Reuters) - Overseas Shipholding Group Inc
 OSG.N :
    * OVERSEAS SHIPHOLDING GROUP ANNOUNCES OFF-MARKET SHARE
REPURCHASE
    * OVERSEAS SHIPHOLDING GROUP: AGREED TO PURCHASE 3.8 MILLION
SHARES OF CO'S COMMON STOCK FROM ENTITIES MANAGED BY CYRUS
CAPITAL PARTNERS, L.P.
    * OVERSEAS SHIPHOLDING GROUP: REPURCHASE AT  PRICE OF $4.05
PER
SHARE FOR A TOTAL CONSIDERATION OF $15.3 MILLION IN A PRIVATELY
NEGOTIATED TRANSACTION

Source text for Eikon:  ID:nBw2vv7bra 
Further company coverage:  OSG.N