United Maritime (USEA) Announces Additional $3M Share Buyback
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United Completes Stock Buyback of $3 million and Initiates Additional $3 million Stock Buyback Plan
September 22, 2022 9:00 AM EDTGLYFADA, Greece, Sept. 22, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the Company or United) (NASDAQ: USEA), announced today that it has completed the buyback of approximately 1.86 million shares, representing approximately 20% of the Companys outstanding common shares, at an average price of $1.6095, fully utilizing its previously announced share buyback plan.
In addition, the Companys Board of Directors has authorized an additional share buyback plan (the Plan), where it may repurchase up to an additional $3 million of its outstanding common shares in the open market. This Plan represents up to an additional 26% of Uniteds... More
