NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company’s results for the fourth quarter of 2025 on Wednesday, February 18, 2026 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the fourth quarter ended December 31, 2025 on Tuesday, February 17, 2026 after the close of market trad ...

The nominations come days after Genco rejected Diana's offer to acquire the company via an all-cash deal. Diana has a roughly 14.8% stake in Genco. ...

Reiterates Commitment to Enhancing Shareholder Value Reiterates Benefits of Genco Acquiring Diana for Creating Value for Both Company Shareholders No Shareholder Action Required at This Time NEW YORK, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today responded to Diana Shipping Inc. (“Diana”), which disclosed its intent to nominate six director c ...

Core Viewpoint - Diana Shipping Inc. intends to nominate six independent director candidates to Genco's Board of Directors, citing the current Board's failure to engage with Diana regarding its acquisition proposal and the need for meaningful change to maximize shareholder value [1][2][4]. Group 1: Acquisition Proposal - Diana proposed to acquire all outstanding shares of Genco not owned by it for $20.60 per share in cash, which represents an attractive premium for Genco shareholders [2][16]. - The current Genco Board took over six weeks to respond to Diana's proposal and did not engage in discussions regarding its financial or structural elements [2][3]. - Diana's offer is backed by a financing letter from two leading shipping banks, indicating strong financial support for the acquisition [2]. Group 2: Board Nomination - Diana believes that Genco shareholders would benefit from electing directors who are open to exploring strategic alternatives, including a serious consideration of Diana's acquisition proposal [2][4]. - The nominated candidates possess extensive experience in shipping, finance, mergers and acquisitions, and corporate governance, which Diana believes will enhance the Board's effectiveness [1][4][10][16]. - Notable nominees include Gustave Brun-Lie, Chao Sih Hing Francois, and Paul Cornell, each bringing decades of relevant industry experience [4][10][5]. Group 3: Company Background - Diana Shipping Inc. specializes in the ownership and bareboat charter-in of dry bulk vessels, primarily transporting commodities such as iron ore, coal, and grain [7]. - The company currently owns approximately 14.8% of Genco's outstanding shares, making it the largest shareholder [1][16].

Core Viewpoint - GNK Holdings LLC, along with Marcus Lemonis, has submitted a preliminary, non-binding indication of interest to acquire BARK, Inc. for $1.10 per share in an all-cash transaction valued at approximately $188.7 million, representing a 22% premium over a previous proposal by Great Dane Ventures, LLC [1][2]. Company Overview - BARK, Inc. is being targeted for acquisition due to its strong brand and customer loyalty, with the Group believing it presents a compelling opportunity for value creation through improved operational execution and customer engagement [3][5]. - GNK Holdings LLC is a private investment firm focused on consumer and retail investments, emphasizing operational value creation and disciplined capital deployment [6]. Proposed Transaction Details - The proposed acquisition values BARK at an implied enterprise value of around $188.7 million, with the offer of $1.10 per share representing a 22% premium [2]. - The transaction is subject to customary conditions, confirmatory due diligence, and the negotiation of definitive agreements, with an accelerated timeline for completion expected within approximately 30 days [8]. - Financing for the transaction will be sourced through equity capital and debt [8].

Core Viewpoint - Genco Shipping & Trading Limited's Board of Directors unanimously rejected Diana Shipping Inc.'s proposal to acquire Genco shares at $20.60 per share, citing significant undervaluation and execution risks associated with the proposal [1][2][4]. Summary by Sections Proposal Rejection - The Genco Board, with independent advisors, determined that Diana's proposal significantly undervalues the company and is not in the best interest of shareholders [2][11]. - The proposed purchase price is below Genco's net asset value and its 10-year high stock price of $26.93 [3][11]. Execution Risks - The Board highlighted considerable execution risks due to Diana's high leverage profile, lack of committed financing, and the substantial borrowing required to complete the transaction [4][12]. - Diana's proposal lacks the necessary structure and certainty to warrant further engagement [2][13]. Genco's Strategy - Genco's strategy focuses on maximizing shareholder value through sizeable quarterly dividends, low financial leverage, and opportunistic fleet renewal [5][13]. - The company has delivered $7.065 per share in dividends over the last six years, representing nearly 40% of the current share price [16]. Alternative Transaction Structure - Genco proposed an alternative structure where it would acquire Diana using cash and its superior equity currency, which could create value for both companies' shareholders [6][20]. - The combined company would benefit from increased scale, owning 83 drybulk vessels, and would be positioned to capitalize on a strengthening market [21]. Financial Position and Governance - Genco's strong balance sheet and low cash flow breakeven rate of approximately $10,000 per vessel per day, compared to Diana's $16,000, would enhance financial flexibility and dividend capacity [21][22]. - Genco is recognized for its strong corporate governance and transparency as a U.S.-headquartered company [22]. Market Position - The combined entity would have a net asset value exceeding $1 billion, with Genco's market capitalization approximately four times that of Diana [22]. - Genco's superior equity valuation and operational capabilities position it favorably in the drybulk industry [20][22].

Deeply Disappointed that After Weeks of Delay, the Genco Board has Rejected and Communicated an Unwillingness to Engage Regarding Diana’s Acquisition Proposal Diana Reiterates Attractive All Cash Offer Providing Immediate, Certain Value for Genco’s Shareholders Diana Urges Good-Faith Engagement by Genco Board ATHENS, Greece, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk ...

分组1 - Ultrapar Participações S.A. is a Brazilian diversified holding company with significant operations in downstream energy distribution, logistics, and chemical products, making it a dominant player in South American energy infrastructure [2] - The company has shown strong performance with shares up 42% year-to-date (YTD), excluding dividends, and offers a high dividend yield of 7.48%, which is significantly above sector averages [1][7] - Ultrapar's five-year dividend growth rate has seen a modest decline, but management remains committed to returning capital, as evidenced by a special dividend declaration of nearly 19 cents per share [7] 分组2 - The stock has a consensus rating score of 3.42, the highest among its peers, with all seven analysts rating it a Buy, and a consensus price target of $4.50, indicating nearly 20% upside potential [8] - Ultrapar's P/E ratio stands at 7.94, making it attractive to both income and value investors [8] - The overall market environment suggests that disciplined dividend strategies remain relevant, especially as investors seek durable cash flows and consistent execution [6][23]

After months of quiet accumulation first creeping up to 7.7% , then increasing further to 14.8%, Diana Shipping Inc. ( DSX ) has finally revealed their cards. They have made a non-binding proposal to acquire the remainingI'm a fundamental investor who targets situations where the market has pushed a company’s valuation far out of line with its underlying economics. My professional background in corporate financial analysis has deeply shaped my investment perspective, leading me to focus intensely on cash fl ...

Group 1 - Diana Shipping Inc. (DSX) has made a non-binding proposal to acquire the remaining shares after increasing its stake from 7.7% to 14.8% [1] - The company is focused on identifying mispriced opportunities in the market, particularly in cyclical industries, energy, industrials, and under-followed mid-caps [1] - The investment strategy emphasizes cash flow durability, balance sheet strength, and the risks associated with different capital structures [1] Group 2 - The approach targets situations where market sentiment lags behind the underlying fundamentals, allowing for potential stock price appreciation with modest changes in expectations [1]