Star Bulk Carriers (SBLK) Announces $50M Share Repurchase Program
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Star Bulk Carriers Corp. Announces Share Repurchase Program
November 29, 2018 8:25 AM ESTATHENS, Greece, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the Company or Star Bulk) (Nasdaq: SBLK, Oslo: SBLK.R), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that its Board of Directors authorized a share repurchase program to purchase up to an aggregate of $50.0 million of the Companys common shares. The timing and amount of any repurchases will be in the sole discretion of the Companys management team, and will depend on legal requirements, market conditions, stock price, alternative uses of capital and other factors.... More
