Diana Shipping Inc. (NYSE:DSX) announces a share repurchase program. Under the offer, the company will repurchase up to 3,030,303 shares, representing 3.32% of its issued share capital. The shares will be repurchased at a price of $3.30 per share. The offer will be funded from cash and cash equivalents. The purpose of the repurchases is to delivers the value to shareholders. The offer is valid till February 3, 2020, unless extended or withdrawn. As of January 3, 2020, the company has 91,193,339 shares of common stock are issued and outstanding.