Tsakos Energy Navigation Launches $150 Million Repurchase Program

10:12 AM EDT, 10/26/2026 (MT Newswires) -- Tsakos Energy Navigation (TEN) has launched a share repurchase program for up to $150 million of common and preferred shares, the company said Monday. The company also said it will distribute its semi-annual dividend of $1 per share to common shareholders in January 2027, with payment and record dates to be announced. The dividend represents a 100% increase from the 2026 first semi-annual payment, the company said. Price: 55.68, Change: +2.32, Percent Change: +4.34