Overseas Shipholding Group (OSG) Increases Share Buyback by $10M
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Overseas Shipholding Group Announces Increase in Share Repurchase Program
June 21, 2023 1:23 PM EDTTAMPA, Fla.--(BUSINESS WIRE)-- Overseas Shipholding Group, Inc. (NYSE: OSG) (the Company or OSG) today announced that its Board of Directors authorized an increase to its stock repurchase program of an additional $10 million of the Companys common stock, raising the total value of the stock repurchase program to $20 million.
Sam Norton, OSGs President and CEO, stated, In representing OSGs stockholders, OSGs Board of Directors continuously evaluates opportunities for the use of our available cash. The Board has taken into account a variety of... More
