Welcome to our dedicated page for SAFE BULKERS SEC filings (Ticker: SB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on SAFE BULKERS's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into SAFE BULKERS's regulatory disclosures and financial reporting.
Safe Bulkers, Inc. (SB) announced a successfully completed private placement of 12,000,000 new common shares to selected investors through an accelerated bookbuilding process led by Piraeus Bank S.A., DNB Carnegie (DNB Bank ASA) and Fearnley Securities AS. The Company set the offering price at €6.70 per share, resulting in total gross proceeds of €80,400,000. Chief Executive Officer and largest shareholder Polys Hajioannou was allocated 1,500,000 shares, scaled back from his initial subscription of 2,000,000 shares to facilitate allocations to other investors. The new shares will be delivered through Euronext Securities Athens, with settlement expected on September 11, 2026, and are expected to be listed on both Euronext Athens and the New York Stock Exchange, with trading on Euronext Athens expected to begin on September 14, 2026. The announcement is classified as a public disclosure of inside information under EU market abuse rules and is accompanied by extensive jurisdictional and securities-law selling restrictions.
Safe Bulkers, Inc. (SB) announced it is contemplating a private placement of approximately 12,000,000 new common shares to institutional investors, with final size and the euro-denominated offer price to be set by the Board after an accelerated bookbuilding run by mandated managers.
The company states it intends to use the net proceeds to enhance liquidity, finance its current newbuilding program, and potentially support future newbuild or second-hand vessel acquisitions, as well as general corporate purposes. Chief Executive Officer and largest shareholder Polys Hajioannou has committed to subscribe for 2,000,000 offer shares at the offer price, subject to potential scale-back.
The offer will be conducted outside the United States in reliance on Regulation S, targeting qualified or professional investors in the EEA and UK. The company, its Board and executive management will enter into 180-day lock-up undertakings. Safe Bulkers has requested a temporary trading suspension on Euronext Athens on September 9, 2026 until it announces the private placement outcome, expected by early afternoon local time.
Safe Bulkers, Inc. reported much stronger results for the three and six months ended June 30, 2026. Q2 2026 net revenues were $87.5 million, up 33% from $65.7 million a year earlier, with net income of $35.2 million versus $1.7 million. Earnings per share were $0.33, and Adjusted EPS was $0.28. EBITDA reached $54.8 million and Adjusted EBITDA $50.3 million. The average time charter equivalent rate rose to $20,642 per day from $14,857, while daily vessel operating expenses fell to $6,207.
As of June 30, 2026, total cash was $142.9 million, undrawn revolving credit facilities were $200.1 million, and total debt was $519.2 million, implying consolidated leverage of about 30% and net debt per vessel of $8.0 million. The company operated a 46‑vessel fleet with an orderbook of 10 IMO GHG Phase 3 – NOx Tier III newbuilds and continued an environmental upgrade program covering 25 ships. The Board increased the quarterly common dividend to $0.075 per share, payable August 26, 2026, and maintained regular preferred dividends, alongside an up to 10 million‑share buyback program under which 515,469 shares had been repurchased by July 24, 2026. Common stock now trades on both the NYSE and Euronext Athens under the symbol “SB”.
Safe Bulkers, Inc. calls its 2026 Annual Meeting of Stockholders for September 10, 2026 in Monaco to elect three Class III directors through 2029 and ratify Deloitte, Certified Public Accountants S.A. as independent auditors for the year ending December 31, 2026. Stockholders of record on July 15, 2026 may vote, with proxies defaulting to support the board’s proposals if no instructions are given.
The company highlights 2025 revenue of $288 million, earnings per share of $0.30, and liquidity and capital resources exceeding $382 million. As of February 20, 2026, the fleet comprised 45 dry bulk vessels totaling 4.6 million dwt with an average age of 10.5 years, plus an eight-vessel Kamsarmax newbuild orderbook (including two methanol dual-fueled ships). Since March 2022, the company has declared and paid 15 consecutive quarterly dividends of $0.05 per common share. Chief Executive Officer Polys Hajioannou held 48,381,427 common shares, or about 47.51% of outstanding stock as of the record date, giving him significant voting influence.
Safe Bulkers, Inc. reports that its Board of Directors has declared a quarterly cash dividend of $0.50 per share on both its 8.00% Series C and 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares for the period from April 30, 2026 to July 29, 2026.
These dividends are scheduled to be paid on July 30, 2026 to shareholders of record as of July 17, 2026, with payments generally made quarterly in arrears each January, April, July and October. The company emphasizes that any future dividends will remain at the discretion of the Board and will depend on earnings, fleet and leverage strategy, legal constraints, debt covenants and broader global economic and financial conditions.
Safe Bulkers, Inc. has scheduled its annual meeting of stockholders for September 10, 2026, at 15:00 local time at the Fairmont Hotel in Monte Carlo, Monaco. Stockholders of record as of the close of business on July 15, 2026 will be entitled to vote.
The company plans to make the formal meeting notice and proxy statement available to stockholders in due course. Safe Bulkers operates as an international provider of marine drybulk transportation services, carrying coal, grain and iron ore along global shipping routes.
Safe Bulkers, Inc. reported much stronger results for the first quarter of 2026, helped by a firmer charter market and cost control. Net revenues rose 16% to $74.4 million, while net income climbed to $22.2 million from $7.2 million a year earlier, with earnings per share increasing to $0.20 and adjusted earnings per share to $0.18.
The company earned a higher time charter equivalent rate of $17,095 per day versus $14,655 in Q1 2025, while daily vessel operating expenses fell 9% to $5,223. As of June 12, 2026, liquidity included $166.8 million in cash and $208.1 million of undrawn revolving credit capacity, against consolidated debt of $522.7 million and consolidated leverage of about 34% based on vessel market values.
The Board increased the quarterly cash dividend on common stock to $0.06 per share, following a $0.05 dividend in February 2026, and the company has authorization to repurchase up to 10 million shares, of which 515,469 had been bought and cancelled by June 12, 2026. Safe Bulkers also completed a dual listing of its common stock on Euronext Athens, while maintaining its primary listing on the NYSE, and is pursuing an 11‑vessel IMO GHG Phase 3 – NOx Tier III newbuild program alongside sales of older ships to renew and upgrade its fleet.
Safe Bulkers, Inc., an international drybulk shipping company, has listed all 101,826,580 issued common shares on Euronext Athens under the ticker “SB”. These are dematerialized, registered voting shares with a par value of $0.001 each.
The common stock remains primarily listed on the New York Stock Exchange, where the Company’s series C and series D preferred shares continue to trade and are not listed on Euronext Athens. Through this additional listing on the Main Market of the Regulated Securities Market of Euronext Athens, the Company aims to broaden and diversify its shareholder base by accessing a wider pool of European institutional and retail investors and to enhance its visibility within the European maritime, banking and institutional investment community.