Diana Shipping criticizes Genco board's poison pill defense strategy

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Diana Shipping Inc. Addresses Genco Shipping & Trading’s Last-Ditch Attempt to Cling to Poison Pill

June 15, 2026 6:30 AM EDT

Amid Growing Opposition from Shareholders, Genco Board Continues to Further Entrench Itself by Refusing to Rescind the Poison Pill Should Shareholders Vote Against the Poison Pill as Recommended by ISS

Genco Continues to Put Forth Manufactured Claims Regarding Dianas Disclosures to Distract Shareholders, Fails to Explain Why They Justify Instituting a Drastic Defensive Measure Against Largest Shareholder

Diana Urges Shareholders to Vote "AGAINST" Ratifying Genco's Poison Pill and Equity Incentive Plan

Also Urges Genco... More