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By The Online Investor Staff, updated Tue., Jun. 28, 7:48 PM
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Stock Buybacks
| This Slide: #16 of 25 |
Slide #16. Safe Bulkers, Inc.
Company:
Safe Bulkers, Inc. (NYSE:SB)
Share Amount Authorized:
5,000,000
Buyback Details:
Safe Bulkers, Inc. (the "Company") (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has authorized a 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 4.1% of the shares of the Company's common stock outstanding and 6.9% 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.
Preferreds: SB.PRB, SB.PRC, SB.PRD
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Avg. Broker Rec.
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Buy (3.00 out of 4) 14th percentile
(ranked lower than approx. 86% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
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