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By The Online Investor Staff, updated Thu., Nov. 27, 1:09 PM


$Amount Authorized: $10,000,000
Buyback Details: STEALTHGAS INC. (Nasdaq:GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase, from time to time, up to $10,000,000 of the Company's common stock (par value $0.01). Shares may be purchased in open market or privately negotiated transactions, which may include derivative transactions, at times and prices that are considered to be appropriate by the Company, and the program may be discontinued at any time.

StealthGas is a holding company. Through its subsidiaries, Co. is a provider of international seaborne transportation services to liquified petroleum gas (LPG) producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders. Co. owns a fleet of 39 LPG carriers that carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas. The three medium range product carriers in its fleet are capable of carrying refined petroleum products such as gasoline, diesel, fuel oil and jet fuel.
Open the GASS Page at The Online Investor »

Company Name:  StealthGas Inc
Sector:  Shipping
Number of ETFs Holding GASS:  4
Total Market Value Held by ETFs:  $435222
Total Market Capitalization:  $236.00M
% of Market Cap. Held by ETFs:  0.18%

Open the GASS Page at The Online Investor (in a new window) »

November 27, 2014    1:09 PM Eastern
Quotes delayed 20 minutes

Buy (3.43 out of 4)
67th percentile
(ranked higher than approx. 67% of all stocks covered)
Based on Zacks ABR data;
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