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Scorpio Bulkers' (SALT) President Acquires 60K Shares

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Scorpio Bulkers Inc. Announces Purchase of Common Shares by President of the Company

October 4, 2016 5:04 PM EDT

MONACO -- (Marketwired) -- 10/04/16 -- Scorpio Bulkers, Inc. (NYSE: SALT) (the "Company") announced today that the President of the Company, Robert Bugbee, has purchased an aggregate of 60,000 common shares of the Company at an average price of $3.60 per share in the open market. The Company currently has 75,305,118 common shares outstanding.

About Scorpio Bulkers Inc.

Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc. currently owns 40 vessels, consisting of 14 Kamsarmax vessels and 26 Ultramax vessels. The Company also time charters-in two dry bulk vessels (consisting of... More