PACIFIC BASIN(PCFBY) - 2024 Q1 - Earnings Call Presentation

LEADING THE WAY IN DRY BULK SHIPPING E Pacific Basin IPSWICH BA 1024 TRADING UPDATE 18 APRIL 2024 PERFORMANCE AND MARKET REVIEW US$40 MILLION SHARE BUYBACK PROGRAMME ▪ Current share price of the Company is believed to be below its intrinsic value ▪ Launch of share buyback programme of up to US$40 million ▪ Any shares bought back by the Company will be cancelled ▪ Share buyback will be from 25 April to 31 December 2024 (both days inclusive) ▪ Expected to enhance our earnings per share, net asset value per sh ...