Genco Shipping Issues Open Letter Rebutting Diana Shipping's Withdrawn Offer And Misleading $36.91 Per Share Valuation Claim, Reaffirms $27.50 NAV Framework And Projects Over $2.00 Per Share In Combined Q3-Q4 2026 Dividends
Genco Board Provided Diana Clear Criteria for a Transaction Reflecting Fair Value and in the Best Interests of All Genco Shareholders Genco Sets the Record Straight on Diana’s Misleading Characterization of the
Two shipping companies disagreed about what Genco Shipping is worth. Genco says it's worth $27.50 per share and plans to pay shareholders money from profits, so you might want to watch if the company actually delivers on those promises.
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