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Star Bulk Carriers Registers Potential Secondary Offering of 5.1 Million Common Shares

· 02/07/2021 22:29

03:13 AM EST, 02/08/2021 (MT Newswires) -- Star Bulk Carriers (SBLK) shareholders are planning to sell up to 5.1 million common shares from time to time, according to a registration statement filed with the Securities and Exchange Commission.

The shipping company will not receive any proceeds should the shareholders make a sale, it said in the filing.

Shares were down nearly 2% Friday during after-hours trading.

Price: 11.73, Change: +0.70, Percent Change: +6.35