Does Star Bulk Carriers’ (SBLK) Athens Listing Reveal a New Capital Strategy or Just Added Optionality?
Star Bulk Carriers (SBLK) listed its shares on Euronext Athens and plans to issue up to 4.4 million new shares. This move aims to broaden its access to European capital, potentially affecting its funding flexibility. The company projects $1.0 billion revenue and $457.8 million earnings by 2029, with some analysts predicting higher figures. The listing is part of a broader capital strategy that includes a $100 million buyback program and a higher dividend.


