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Danaos Corporation Announces Upsizing of its Share Repurchase Program by an additional $100 million
DACDanaos(DAC) Prnewswire·2025-04-14 11:30

ATHENS, Greece, April 14, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC) announces that its Board of Directors has approved the upsizing of its common stock repurchase program by an additional 100million.TheCompanyhasalreadyexecutedonsharerepurchasesofapproximately100 million. The Company has already executed on share repurchases of approximately 196 million out of the 200millionexistingsharerepurchaseprogramthatisnowbeingupsizedtoatotalof200 million existing share repurchase program that is now being upsized to a total of 300 million. Shares may be purchased in open market or privately negotiated transactions, at times and prices that ar ...