Diana Shipping extends tender offer for remaining Genco shares at USD 27.34 each

Genco Shipping & Trading Ltd

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Diana Shipping Inc.

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Diana Shipping extended its tender offer for Genco Shipping & Trading shares it does not already own to July 10.
Offer values Genco at USD 27.34 per share, split between USD 24.8 cash and one Diana share valued at USD 2.54.
As of June 26, 10,583,484 shares were tendered, representing 28.4% of the Genco shares not owned by Diana.
Diana holds more than 14% of Genco and has USD 1.43 billion of committed financing with no financing condition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diana Shipping Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606290630PRIMZONEFULLFEED9753955) on June 29, 2026, and is solely responsible for the information contained therein.

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