Robin Energy shares rise 11.1% in intraday after company announces self-tender offer to buy back 1 million shares at $3.00 per share.

Robin Energy surged 11.10% in intraday trading after announcing a self-tender offer to repurchase up to 1 million shares at $3.00 per share, representing a 41.5% premium over the previous price of $2.12. The international shipping company specializes in global energy transport, focusing on key segments of the crude oil and LNG supply chains.