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Safe Bulkers, Inc. Buyback

OLI recorded this information on 5/23/2023

Company: Safe Bulkers, Inc.
Buyback: SB buyback
Share Amount Authorized: 5,000,000
Buyback Details: Safe Bulkers, Inc. (the "Company" or "Safe Bulkers") (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has authorized a new program under which it may from time to time in the future purchase up to 5,000,000 shares of the Company's common stock. If the maximum number of shares of the Company's common stock are purchased pursuant to the aforementioned program, it would represent approximately 4.5% of the shares of the Company's common stock outstanding and 8.1% of its public float.

Safe Bulkers is a holding company. Through its subsidiaries, Co. is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for its consumers of marine drybulk transportation services.

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Preferreds: SB.PRB, SB.PRC, SB.PRD


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Company Name:  Safe Bulkers Inc
Stock buyback:  SB buyback
Website:  www.safebulkers.com
Sector:  Shipping
Number of ETFs Holding SB:  12
Total Market Value Held by ETFs:  $14.87M
Total Market Capitalization:  $483.00M
% of Market Cap. Held by ETFs:  3.08%
 

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April 18, 2024    12:09 PM Eastern
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Strong Buy (4.00 out of 4)
100th percentile
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