Performance Shipping (PSHG) - 2024 Q1 - Quarterly Report

Exhibit 99.1 "As previously announced, in August 2023, the Company's board of directors approved a $2 million share buyback program. Pursuant to this initiative, we repurchased 293,767 shares of common stock during the fourth quarter of 2023, totaling approximately$0.7 million. We firmly believe that this program is in the best interests of both our Company and our shareholders, and we intend to continue our share buybacks, depending on prevailing market conditions. Corporate Contact: Andreas Michalopoulos ...