Star Bulk Plans Sale Of Up To 4.4M New Stock, Sets Price Range Of $26.75-$29.66/Share For New Share Offering In Greece
Star Bulk Carriers Corp. (the "Company") (NASDAQ:SBLK), an international maritime shipping company based in the Marshall Islands specializing in the transportation of dry bulk commodities, today announced the
Star Bulk is planning to sell millions of new shares of its stock to raise money, with prices between $26.75 and $29.66 per share. When a company sells new shares, it can help them grow or pay off debt, but it also means existing shareholders own a smaller piece of the company.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.