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Stock Market & Financial Investment News

News Breaks
February 6, 2013
16:50 EDTGASSStealthGas files $200M mixed securities shelf
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November 26, 2014
08:59 EDTGASSStealthGas announces sale and leaseback agreement, charter arrangements
StealthGas has entered into a sale and leaseback agreement for one vessel in its fleet, the 7,215cbm, built 2001, LPG carrier, Gas Premiership. The proceeds from the sale of the vessel are $14.2M and net proceeds after debt repayment are approximately $7M. The company will continue to operate the vessel and entered into agreement to bareboat charter back the same vessel for four years. The company also announced new charter arrangements for nine vessels. With these charters the company has increased the contracted revenues to approximately $235M. Total voyage days of our fleet are 88 pct covered for the remainder of 2014, 60pct covered for 2015 and 31pct for 2016.
08:56 EDTGASSStealthGas announces $10M share buyback program
StealthGas announced that its board has approved a share repurchase program and authorized the officers of the company to repurchase, from time to time, up to $10M of the company's common stock.
November 21, 2014
08:06 EDTGASSStealthGas reports Q3 adjusted EPS 4c, consensus 14c
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