Diana Shipping warns Genco shares could fall to $17.50 without offer

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Go back to Diana Shipping warns Genco shares could fall to $17.50 without offer

Diana Shipping Inc. Cautions of Significant Downside Risk in Genco’s Share Price

May 18, 2026 7:05 AM EDT

Genco's Current Share Price Is Artificially Inflated and if Diana's $23.50 Per Share Offer is Taken Off the Table Could Decline to Approximately $17.50 Per Share, Reflecting Persistent Discount to NAV at Which It Has Historically Traded 

Diana Has Sold a Portion of Shareholdings at Inflated Price

Urges Genco Shareholders to Protect the Value of Their Investment by Voting the GOLD Universal Proxy Card FOR Diana's Six Independent Director Nominees at the 2026 Annual Meeting

ATHENS, Greece, May 18, 2026... More