Reports Q2 revenue $28.3M vs $32.8M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “Despite a challenging and volatile market environment, our financial results for the second quarter of 2023 were profitable. In line with our commitment to providing consistent returns to our shareholders, regardless of prevailing market conditions, we have declared a quarterly dividend of $0.025 per common share, while we also completed $1.6 million in share repurchases at an average price of about $4.35, which is 23% lower than our stock’s current trading price. We remain optimistic that the favorable Capesize market outlook and Seanergy’s positioning within the segment will allow us to continue rewarding our shareholders.”
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Read More on SHIP:
- Seanergy Maritime Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023 and Declares Dividend of $0.025 Per Share
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- Seanergy Maritime Announces Repurchases of $1.6 Million of Common Shares and Agreement to Acquire a Newcastlemax Vessel through a Bareboat-in Charter
