Edition:
United Kingdom

Dryships Authorizes Stock Repurchase Program


Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Dryships Inc ::DRYSHIPS INC. ANNOUNCES DIVIDEND FOR THE QUARTER ENDED DECEMBER 31, 2017 AND AUTHORIZATION OF AN UP TO $50 MILLION STOCK REPURCHASE PROGRAM.DRYSHIPS - ‍BOARD AUTHORIZED STOCK REPURCHASE PROGRAM, UNDER WHICH CO MAY REPURCHASE UP TO $50 MILLION OF OUTSTANDING COMMON SHARES FOR 12 MONTHS​.DRYSHIPS INC - EXPECTS TO FINANCE STOCK PURCHASES WITH EXISTING CASH BALANCES. 

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