Tsakos Energy Navigation Launches $150 Million Repurchase Program

MT Newswires Live10-26

Tsakos Energy Navigation (TEN) has launched a share repurchase program for up to $150 million of common and preferred shares, the company said Monday.

The company also said it will distribute its semi-annual dividend of $1 per share to common shareholders in January 2027, with payment and record dates to be announced. The dividend represents a 100% increase from the 2026 first semi-annual payment, the company said.

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