1. DLNG announces a $10 million common unit repurchase program. 2. Repurchases will occur until November 24, 2026. 3. The program replaces the prior repurchase initiative that expired recently. 4. Management will decide repurchase timings based on market conditions. 5. No obligation to repurchase any specific amount or number of units.
FAQ
Why Bullish?
Stock buybacks can signal confidence, potentially increasing share value. Historical buyback programs (like DLNG's previous one) often led to upward price movements.
How important is it?
The $10 million repurchase program demonstrates potential confidence in DLNG's financial stability and future growth, likely attracting investors.
Why Short Term?
The repurchase program may boost demand in the immediate future, impacting share price quickly. Historical trends show positive short-term effects post-announcement.
Dynagas LNG Partners LP Unveils $10 Million Common Unit Repurchase Program
ATHENS, Greece, December 10, 2025 — Dynagas LNG Partners LP (NYSE: DLNG), a prominent owner of liquefied natural gas (LNG) carriers, announced today the approval of a new repurchase program by its Board of Directors. This initiative allows the Partnership to repurchase up to $10 million of its outstanding common units over the next year, specifically until November 24, 2026.
Details of the Repurchase Program
The new repurchase program replaces the previous plan, which expired on November 21, 2025. Under this Program, the Partnership can execute repurchases through various means, including:
- Privately negotiated transactions
- Open market transactions
- Trading plans complying with Rule 10b-18 and/or Rule 10b5-1 of the U.S. Securities Exchange Act of 1934
Management will decide the timing and amount of repurchases based on numerous factors, including market conditions and legal requirements. It's important to note that this Program does not obligate Dynagas LNG Partners to repurchase any specific dollar amount or number of common units, and it can be suspended or discontinued at any time.
Background on Dynagas LNG Partners LP
Dynagas LNG Partners LP (NYSE: DLNG) operates as a master limited partnership specializing in the ownership of LNG carriers under multi-year charters. The Partnership's fleet currently consists of six LNG carriers, boasting a total carrying capacity of approximately 914,000 cubic meters.
For more information, visit the Partnership’s official website at www.dynagaspartners.com. Content hosted on this site is not incorporated into this release.
Contact Information
For additional inquiries, please contact:
- Michael Gregos
Tel: +30 210 8917960
Email: management@dynagaspartners.com - Nicolas Bornozis / Markella Kara
Capital Link, Inc., 230 Park Avenue, Suite 1540, New York, NY 10169
Tel: (212) 661-7566
Email: dynagas@capitallink.com
Forward-Looking Statements
Matters discussed within this press release may contain forward-looking statements, protected under the Private Securities Litigation Reform Act of 1995. These statements encompass plans, objectives, goals, and future performance possibilities, not restricted to historical facts.
While the Partnership believes its assumptions are reasonable, uncertainties and contingencies inherent in these statements may lead to actual future outcomes differing materially from those expressed or implied. Important factors influencing these predictions include:
- Global economic stability and currency fluctuations
- Market conditions affecting charter rates and vessel values
- Fluctuations in demand and supply for LNG shipping capacity
- Current operational expenses like bunker prices and insurance
The Partnership advises reviewing its filings with the U.S. Securities and Exchange Commission (SEC) for a comprehensive discussion regarding these risks and uncertainties.