{"id":1013531,"date":"2026-10-26T12:57:46","date_gmt":"2026-10-26T16:57:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ten-ltd-announces-common-shares-dividend-and-share-repurchase-authorization\/"},"modified":"2026-10-26T12:57:46","modified_gmt":"2026-10-26T16:57:46","slug":"ten-ltd-announces-common-shares-dividend-and-share-repurchase-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ten-ltd-announces-common-shares-dividend-and-share-repurchase-authorization\/","title":{"rendered":"TEN, Ltd. Announces Common Shares Dividend and Share Repurchase Authorization"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>100% increase on first semi-annual common shares dividend<\/strong>\n      <\/p>\n<p align=\"center\">\n        <strong>$150 million common and preferred shares repurchase authorization<\/strong>\n      <\/p>\n<p align=\"justify\">ATHENS, Greece, Oct.  26, 2026  (GLOBE NEWSWIRE) &#8212; TEN, Ltd. (NYSE: TEN) (the \u201cCompany\u201d) following the conclusion of the Company\u2019s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual dividend of $1.00 per share to common shareholders with payment and record dates to be announced in due course.<\/p>\n<p align=\"justify\">This represents a 100% increase compared to the 2026 first semi-annual payment.<\/p>\n<p align=\"justify\">In addition, TEN announced its authorization to repurchase up to $150 million of common and preferred shares. The timing of any share purchases, the prices and the exact number of shares to be purchased will be dependent on market conditions.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>ABOUT TEN LTD.<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Founded in Bermuda in 1993 and celebrating 33 years as a public company, 24 of which on the\u00a0NYSE, TEN is one of the first and most established public shipping companies in the world. TEN&#8217;s diversified pro-forma energy fleet currently consists of 80 vessels, totaling approx. 10.4 million dwt.<\/p>\n<p align=\"justify\">\n        <strong>ABOUT FORWARD-LOOKING STATEMENTS<\/strong><br \/>\n        <br \/>Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.<\/p>\n<p align=\"justify\">For further information, please contact:<\/p>\n<p align=\"justify\">\n        <strong>Tsakos Energy Navigation Ltd.<\/strong><br \/>\n        <br \/>George Saroglou<br \/>President &amp; COO<br \/>+30210 94 07 710<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=igcIbm55Zraw2qQfW-W1Vvda6ymxDNAxX46UP_Pgkg9qs3dWyo-CosW6Q2bx3pG3o0t_N6cLrqLpP3roAelYvmSxsjELJhk5jL0R0Ih5PTg=\" rel=\"nofollow\" target=\"_blank\">gsaroglou@tenn.gr<\/a><\/p>\n<p align=\"justify\">\n        <strong>Investor Relations \/ Media<\/strong><br \/>\n        <br \/>Capital Link, Inc.<br \/>Nicolas Bornozis\/ Markella Kara<br \/>+212 661 7566<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OK62lZnI0xXuxOVL4VltTqX-5KF0j9qzBkad9b73FCeJOKhS5txHsPUtFIqwHZxIfgal8b7riWsanMIpWWUiWOWeExS_jF9sRmjr6k8W5jo=\" rel=\"nofollow\" target=\"_blank\">ten@capitallink.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg1MjY5MiM3OTE0ODY1IzUwMDAzMTMxNg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MDg3NWYwOTEtMDA0MC00M2IzLWJlZGUtNWM4NGIxNGE1NmVmLTUwMDAzMTMxNi0yMDI2LTEwLTI2LWVu\/tiny\/Tsakos-Energy-Navigation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>100% increase on first semi-annual common shares dividend $150 million common and preferred shares repurchase authorization ATHENS, Greece, Oct. 26, 2026 (GLOBE NEWSWIRE) &#8212; TEN, Ltd. (NYSE: TEN) (the \u201cCompany\u201d) following the conclusion of the Company\u2019s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual dividend of $1.00 per share to common shareholders with payment and record dates to be announced in due course. This represents a 100% increase compared to the 2026 first semi-annual payment. In addition, TEN announced its authorization to repurchase up to $150 million of common and preferred shares. The timing of any share purchases, the prices and the exact number of shares to be purchased will be dependent &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ten-ltd-announces-common-shares-dividend-and-share-repurchase-authorization\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TEN, Ltd. Announces Common Shares Dividend and Share Repurchase Authorization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1013531","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TEN, Ltd. Announces Common Shares Dividend and Share Repurchase Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ten-ltd-announces-common-shares-dividend-and-share-repurchase-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TEN, Ltd. Announces Common Shares Dividend and Share Repurchase Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"100% increase on first semi-annual common shares dividend $150 million common and preferred shares repurchase authorization ATHENS, Greece, Oct. 26, 2026 (GLOBE NEWSWIRE) &#8212; TEN, Ltd. (NYSE: TEN) (the \u201cCompany\u201d) following the conclusion of the Company\u2019s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual dividend of $1.00 per share to common shareholders with payment and record dates to be announced in due course. This represents a 100% increase compared to the 2026 first semi-annual payment. In addition, TEN announced its authorization to repurchase up to $150 million of common and preferred shares. The timing of any share purchases, the prices and the exact number of shares to be purchased will be dependent &hellip; Continue reading &quot;TEN, Ltd. 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(NYSE: TEN) (the \u201cCompany\u201d) following the conclusion of the Company\u2019s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual dividend of $1.00 per share to common shareholders with payment and record dates to be announced in due course. This represents a 100% increase compared to the 2026 first semi-annual payment. In addition, TEN announced its authorization to repurchase up to $150 million of common and preferred shares. The timing of any share purchases, the prices and the exact number of shares to be purchased will be dependent &hellip; Continue reading \"TEN, Ltd. 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