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Star Bulk provides an update on number of outstanding shares

Published by , Assistant Editor
Dry Bulk,

Star Bulk Carriers Corp. (Star Bulk), a global shipping company focusing on the transportation of dry bulk cargoes announced yesterday that, following the cancellation of the shares that have been acquired so far pursuant to the previously announced share repurchase programme of 29 November 2018, the company has 90 730 000 common shares issued and outstanding.

About Star Bulk

Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.

Star Bulk’s vessels transport major bulks, which include iron ore, coal and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on 13 December 2006 and maintains executive offices in Athens, Oslo, New York, Cyprus and Geneva. Its common stock trades on the Nasdaq Global Select Market and on the Oslo Stock Exchange under the symbol 'SBLK'. Its common stock trades on the Nasdaq Global Select Market and on the Oslo Stock Exchange under the symbol 'SBLK'. On a fully delivered basis, Star Bulk will have a fleet of 120 vessels, with an aggregate capacity of 13.1 million DWT, consisting of 17 newcastlemax, 19 capesize, 2 mini capesize, 7 post panamax, 35 kamsarmax, 2 panamax, 18 ultramax and 20 supramax vessels with carrying capacities between 52 055 DWT and 209 537 DWT. Where Star Bulk refer to information on a 'fully delivered basis', the company are referring to such information after giving effect to the delivery of three newbuilding vessels.

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