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[SITUATION] · [ACTIVE] · [BUSINESS]

3 clusters · 15 sources · 10 days · First seen · Last updated

Star Bulk Carriers dual listing on Euronext Athens andNasdaq

Overview

Star Bulk Carriers Corp. has initiated plans for a dual listing on Euronext Athens while maintaining its primary presence on the New York Stock Exchange. The company initially projected a public offering of approximately €100 million to access distinct investor bases and enhance liquidity.

Following these plans, the company formally announced a public offering of new common shares in Greece aiming to raise up to €112.2 million. The capital is intended to support investment plans for fleet enhancement and upgrades. Leadership noted that the move reflects the company’s international footprint and Greek roots, providing increased financial flexibility and better access to European markets.

As the process advances, the company confirmed it is proceeding with a dual listing on both Euronext Athens and Nasdaq. The public offering is scheduled to occur between September 9 and September 11, 2026, with trading on Euronext Athens expected to begin on September 16, 2026. Star Bulk will utilize the same ticker symbol, ‘SBLK’, across both markets.

Chairman Spyros Kapralos described the move as a strategic decision, while CEO Petros Pappas noted that expanding into the European capital market marks a milestone in the company’s 20-year history, intended to diversify the shareholder base and increase liquidity.

Entities

Petros Pappas · Euronext Athens · Star Bulk Carriers Corp. · Nasdaq · Safe Bulkers

Timeline

  1. about 20 hours ago

    [BUSINESS] 8 sources
    Star Bulk public offering oversubscribed nearly six times

    Star Bulk Carriers' public offering in Greece is nearly six times oversubscribed, attracting approximately €670 million in demand from both institutional and retail investors.

  2. 8 days ago

    [BUSINESS] 8 sources
    Star Bulk Carriers to launch dual listing on Euronext Athens and Nasdaq

    Star Bulk Carriers is launching a dual listing on Euronext Athens and Nasdaq, aiming to raise up to €112.2 million through a public share offering to fund fleet upgrades and expansion.

  3. 10 days ago

    [BUSINESS] 4 sources
    Star Bulk Carriers plans dual listing on Euronext Athens

    Star Bulk Carriers plans a dual listing on Euronext Athens alongside its NYSE presence, involving a potential €100 million public offering to access broader investor bases.

Sources

banks.com.gr · capital.gr · cnn.gr · dnews.gr · energymag.gr · fortunegreece.com · jeffreywongdarts.com · lykavitos.gr · mononews.gr · naftemporiki.gr · newmoney.gr · noticiasdealava.com · protothema.gr · Reporter.gr · sofokleousin.gr

This summary has been updated 1 time: see revision history