Announced today (08/08)
- Rev of $101.4M
- Net income of $18M
- Declared div of 58c/sh
- Achieved a TCE of $14,434 daily
- Completed a major share buy-back of 3.8M shares
- Swapped two older Supramax vessels for two newer Ultramax vessels
Wow! that’s an impressive share buy-back - over 25% of shares outstanding