Brief: Overseas Shipholding Group Announces Share Repurchase

Octave Specialty

15/11/2022 14:19

Nov 15 (Reuters) - Overseas Shipholding Group Inc
 OSG.N :
    * OVERSEAS SHIPHOLDING GROUP ANNOUNCES SHARE REPURCHASE
    * OVERSEAS SHIPHOLDING GROUP INC - AGREED TO PURCHASE 5
MILLION
SHARES OF CO'S COMMON STOCK FROM CYRUS CAPITAL AT PRICE OF $2.86
PER SHARE FOR $14.3 MILLION
    * OVERSEAS SHIPHOLDING GROUP INC - PURCHASE WILL BE PAID OUT
OF
OSG'S EXCESS CASH

Source text for Eikon:  ID:nBw48NQWa 
Further company coverage:  OSG.N