Replies to post #57163 on DryShips Inc (fka DRYS)

[mikelnet]

In connection with the Issuer's share repurchase program, as of September 4, 2018, the Company's total number of outstanding Common Shares decreased to 96,335,004 from the total number of 97,676,917 outstanding Common Shares as of August 21, 2018.


I wonder ¿how much money is left for the repurchase?

[I-Man]

700,000 more bought by GE. Read complete SEC filing....//


(d), (e)
None of the Reporting Persons nor any executive officer or director of the Reporting Persons listed above, has, during the past five years, (a) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting, or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.




Item 3.
Source and Amount of Funds or Other Consideration

There are no changes to Item 3 from the Initial Statement.

Item 4.
Purpose of Transaction

In February 2018, the Issuer's Board of Directors approved a share repurchase program, pursuant to which the Issuer is authorized to purchase up to $50 million of its Common Shares over a 12-month period. In connection with the Issuer's share repurchase program, as of September 4, 2018, the Company's total number of outstanding Common Shares decreased to 96,335,004 from the total number of 97,676,917 outstanding Common Shares as of August 21, 2018.

There are no other changes to Item 4 from the Initial Statement.