Overseas Shipholding Group (OSG) Announces 5M Share Buyback Plan
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Overseas Shipholding Group Announces Share Repurchase Program
June 13, 2022 5:29 PM EDTTAMPA, Fla.--(BUSINESS WIRE)-- Overseas Shipholding Group, Inc. (NYSE: OSG) (the Company or OSG) today announced that its Board of Directors has authorized a program to purchase up to five million shares of the Companys common stock.
Under the program, the Company may repurchase shares from time to time in open market transactions (including the use of trading plans under SEC Rule 10b5-1) or in privately negotiated transactions. The timing and amounts of any purchases will be based on market conditions and other factors, such as price, in accordance with... More
