Top Ships (TOPS) Announces $4M Share Buyback
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TOP Ships Announces Share Repurchase Program
December 14, 2023 8:30 AM ESTATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the Company or Top Ships) (NASDAQ: TOPS), an international owner and operator of modern, fuel efficient ECO tanker vessels, announced today a share repurchase program.
The Companys Board of Directors (the Board) today authorized a share repurchase program under which the Company may repurchase up to $4 million of its outstanding common shares, representing approximately 5.2% of the Companys market capitalization as of December 13, 2023, for a period of three months (the Repurchase Program). The Board will periodically review the Companys Repurchase Program, and may... More
