secwatch.observer — SEC 8-K summary
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Issuer:     International Seaways, Inc. (INSW)
CIK:        0001679049
Form:       8-K
Filed at:   2024-09-10T23:59:59+00:00
Accession:  0001104659-24-098649
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Seaways repurchases 501,646 shares for ~$25M; $25M remaining under authorization
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- Repurchased 501,646 shares at avg $49.81 per share, total cost ~$25M.
- Shares retired; $25M remaining under $50M buyback program expiring end of 2025.
- CEO states proceeds from vessel sale used; buyback covers >80% of shares issued in prior quarter for fleet renewal.
- Previously declared combined dividend of $1.50/share payable Sept 25 to holders of record Sept 11.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679049/000110465924098649/0001104659-24-098649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679049/000110465924098649/tm2423718d-1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-098649

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer