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Seanergy Maritime (NASDAQ:SHIP) board authorized an additional share repurchase plan wherein it may repurchase up to $5M of its outstanding shares, convertible notes or warrants. Within the last 7 months, the company has already completed two repurchase plans totaling $26.7M that were utilized for buybacks of its common shares, convertible notes and warrants. CEO Mr. Stamatis Tsantanis plans to purchase an additional 500K shares of the company.