PARAGON
Repurchase shares plan for up to USD 20m

NOV, 26.2008
 

 

Paragon Shipping, a global shipping transportation company specializing in drybulk cargoes, listed in Nasdaq (Michael Bodouroglou, Chairman & CEO), announced that the board of directors has approved a plan for the repurchase of up to an aggregate of USD 20m of its common shares, which may be repurchased by the company from time to time until December 31, 2009.