Star Bulk Carriers plans Athens listing alongside €112.2 million gross equity offering

  • Star Bulk Carriers announced a parallel Athens listing and offering of up to 4.4 million new shares.
  • €25.50 per share would produce €112.2 million gross and approximately €104.9 million net proceeds.
  • Star Bulk expects Euronext Athens trading to begin September 16, 2026, subject to timetable changes.

Star Bulk Carriers Corp. plans to list its existing and newly issued common shares in parallel on Euronext Athens while offering up to 4.4 million new shares. At the maximum offering price of €25.50 per share, the offering would raise €112.2 million in gross proceeds and approximately €104.9 million net after estimated expenses of €7.3 million. The company received the required Greek regulatory approvals, with trading expected to begin on September 16, 2026, under the existing Nasdaq ticker SBLK. Chief executive officer Petros Pappas disclosed that entities controlled by members of his family may invest up to €6 million, subject to the offering's final terms. Star Bulk also cancelled 313,894 treasury shares on September 2 after repurchasing them on Nasdaq during the second quarter of 2026.

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