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Dynagas LNG Partners LP Announces New $10 Million Common Unit Repurchase Program
Globenewswire· 2025-12-10 21:05
Core Viewpoint - Dynagas LNG Partners LP has authorized a new repurchase program for up to $10 million of its outstanding common units, replacing the previous program that expired on November 21, 2025 [1] Group 1: Repurchase Program Details - The new repurchase program will be effective until November 24, 2026 [1] - Repurchases may occur through various means, including privately negotiated transactions and open market transactions, in accordance with U.S. Securities Exchange Act rules [2] - The timing and amount of repurchases will be at the discretion of the management team, influenced by market conditions and other factors [2] Group 2: Company Overview - Dynagas LNG Partners LP is a master limited partnership that owns liquefied natural gas carriers under multi-year charters [3] - The current fleet consists of six LNG carriers with a total carrying capacity of approximately 914,000 cubic meters [3]