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Stock impact report

Pyxis Tankers Announces Completion of Common Share Repurchase Program & Update on Chartering Activity [Yahoo! Finance]

Pyxis Tankers Inc. (PXS) 
Last pyxis tankers inc. earnings: 3/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Thu, January 30, 2025 at 2:00 PM GMT+1 5 min read In This Article PXS PXSAW Pyxis Tankers Inc. Maroussi, Greece – January 30, 2025 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (“we”, “our”, “us”, the “Company” or “Pyxis Tankers”), an international shipping company, announced today key shareholder and chartering updates. The Company has completed its authorized expanded $3.0 million common share repurchase program. Since summer 2023, we have acquired 730,683 common shares in the open market at an average cost of $4.03 per share, excluding commissions. As of January 29, 2025, there were 10,485,865 common shares of the Company outstanding, with a public float of approximately 4.37 million PXS shares. In 2024, the Company also redeemed all of its outstanding 7.75% Series A Cumulative Convertible Preferred Stock, which eliminated potential shareholder dilution of 1,799,871 common shares. Thus, the Company has spent approximately $13.1 million, in total, for equity re-purch Show less Read more
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