Safe Bulkers (NYSE: SB) wins approval for dual listing on Euronext Athens
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Safe Bulkers, Inc. plans a dual listing of all 101,826,580 issued common shares on the Main Market of Euronext Athens, following approval of its prospectus by the Hellenic Capital Market Commission.
The company is not issuing new shares for this admission, and its common and preferred stock will continue to trade on the NYSE. Trading on Euronext Athens is expected to begin on June 2, 2026 under the ticker symbol “SB”.
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Key Figures
Shares admitted to Euronext Athens: 101,826,580 shares
Par value per share: $0.001 per share
Expected Euronext trading start: June 2, 2026
+2 more
5 metrics
Shares admitted to Euronext Athens
101,826,580 shares
All issued dematerialized, registered voting common shares
Par value per share
$0.001 per share
Par value of each common share admitted to trading
Expected Euronext trading start
June 2, 2026
Anticipated commencement of trading on Euronext Athens
Listing requirements confirmation date
May 26, 2026
Euronext Athens confirmed all listing requirements
Prospectus approval date
May 27, 2026
Hellenic Capital Market Commission approved the prospectus
Key Terms
dual listing, Regulated Securities Market, prospectus, forward-looking statements, +1 more
5 terms
dual listing financial
"all listing requirements for a dual listing of Safe Bulkers’ shares of common stock"
A dual listing is when a company makes the same shares available on two different stock exchanges, often in different countries, so investors can buy and sell the same ownership stake in more than one market—like a shop opening branches in two cities that sell the same product. It matters to investors because it can widen the pool of buyers, make shares easier to trade, expose the stock to different currencies and rules, and create price differences or arbitrage opportunities that affect returns and risk.
Regulated Securities Market financial
"on the Main Market of the Regulated Securities Market of Euronext Athens"
A regulated securities market is a trading venue—such as a stock exchange or an electronic platform—where buying and selling of stocks, bonds and other investment instruments is overseen by government or independent regulators enforcing rules on transparency, fairness and record‑keeping. It matters to investors because those rules reduce the chance of fraud, ensure prices reflect real supply and demand, and make it easier to buy or sell holdings—like shopping in a market with price tags and consumer protections.
prospectus regulatory
"has approved today the Company’s prospectus for the admission to trading"
A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.
forward-looking statements regulatory
"This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What did Safe Bulkers (SB) announce in this Form 6-K?
Safe Bulkers announced approval of its prospectus for a dual listing of its common shares on the Main Market of Euronext Athens. All currently issued shares will be admitted to trading there, in addition to the company’s ongoing New York Stock Exchange listing.
When is Safe Bulkers (SB) expected to start trading on Euronext Athens?
Safe Bulkers expects Euronext Athens trading to begin on June 2, 2026, after all listing requirements were confirmed as fulfilled on May 26, 2026. Shares will trade under the Euronext ticker symbol “SB” and ISIN code MHY7388L1039.
Does the Euronext Athens listing affect Safe Bulkers’ NYSE listing?
The Euronext Athens listing does not affect Safe Bulkers’ NYSE listing. The company states its common and preferred stock remain primarily listed and traded on the New York Stock Exchange under the existing symbols SB, SB.PR.C and SB.PR.D.
Where can investors find Safe Bulkers’ Euronext Athens listing prospectus?
The listing prospectus is available on Safe Bulkers’ website at www.safebulkers.com/Euronextathens. It was approved by the Hellenic Capital Market Commission for the admission to trading of all issued common shares on the regulated market of Euronext Athens.
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