Business UpdateJun 2, 2026, 04:32 PM
Safe Bulkers Lists Common Stock on Euronext Athens
AI Summary
Safe Bulkers, Inc. announced that its common stock has commenced trading on Euronext Athens, making it the only shipping company with common stock listed on both the NYSE and Euronext Athens. The company's common stock will continue its primary listing on the NYSE. This strategic move aims to broaden and diversify Safe Bulkers' shareholder base and enhance its visibility within the European maritime, banking, and institutional investment communities.
Key Highlights
- Safe Bulkers' common stock commenced trading on Euronext Athens under ticker "SB" and ISIN MHY7388L1039.
- The company's common stock continues to be primarily listed on the New York Stock Exchange (NYSE).
- Safe Bulkers is now the only shipping company with common stock trading on both the NYSE and Euronext Athens.
- The listing aims to broaden and diversify the shareholder base by accessing a wider pool of investors.
- The move is intended to increase the company's visibility and corporate profile within the European maritime, banking, and institutional investment community.
- Piraeus Bank S.A. served as listing advisor, with Potamitis Vekris Law Firm and White & Case LLP as legal counsel.
Price Impact
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