Safe Bulkers lists common stock on Euronext Athens
Safe Bulkers, Inc., an international drybulk shipping company, has listed all 101,826,580 issued common shares on Euronext Athens under the ticker “SB”.
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Rhea-AI Filing Summary
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.
Insights
Safe Bulkers adds a secondary Athens listing to expand its investor base.
Safe Bulkers has listed all 101,826,580 common shares on Euronext Athens while maintaining its primary listing on the NYSE. This is a secondary trading venue, not a new share issuance, so it does not by itself change share count or capital structure.
The company states that the Athens listing on the Main Market of the Regulated Securities Market is intended to broaden and diversify its shareholder base and increase visibility in European maritime and financial circles. Actual impact will depend on whether local investors adopt the stock and whether trading liquidity develops on Euronext Athens.
The company highlights risks in forward-looking statements, including the possibility of not developing a liquid trading market on Euronext Athens and other factors referenced in its SEC filings. Future disclosures may show how trading volumes split between the NYSE and Euronext Athens and whether the dual listing supports its strategic goals.
Key Figures
Key Terms
Euronext Athens financial
Main Market of the Regulated Securities Market financial
forward-looking statements regulatory
registration statement on Form F-3 regulatory
FAQ
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![[f060226sb6k001.jpg]](https://www.sec.gov/Archives/edgar/data/0001434754/000131786126000031/f060226sb6k001.jpg)