GNK - Mergers and acquisitions

NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that its Board of Directors (the "Board") has adopted a limited duration shareholder rights plan (the "Rights Plan"). The Rights Plan is effective immediately and has a one-year duration expiring on September 30, 2026.  The Rights Plan is similar to plans adopted by other public companies and is intended to enable all Company shareholders to realize the long-term value of their investment. It is designed to reduce the likelihood that any entity, person, or g

Further Steps Taken Towards Implementation of New Comprehensive Value Strategy Increases quarterly cash dividend to $0.05 per share NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months ended March 31, 2021. The following financial review discusses the results for the three months ended March 31, 2021 and March 31, 2020. First Quarter 2021 and Year-to-Date Highlights Announced Genco's new comprehensive value strategy in April 2021 This strategy is centered on low fina