Robin Energy extends rally on $3 mn share buyback plan

Robin Energy extends rally on $3 mn share buyback plan

Robin Energy (RBNE) shares gained 14%, extending a three-session rally after a 110% surge over two days. The momentum follows a $3 million tender offer to repurchase one million shares at $3.00, representing a 170% upside from Monday's close. The board approved the buyback, citing a strong cash position.

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