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1st shipping company listed on Euronext Athens
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Market capitalisation of approximately EUR 580 million
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25th listing on Euronext in 2026
Athens – 02 June 2026 – Euronext today congratulates Safe Bulkers, Inc., a global shipping company providing worldwide seaborne transportation solutions in the dry-bulk sector, on its listing on the Euronext Athens Regulated Market (ticker code: SB). This is the 25th listing on Euronext so far this year.
Safe Bulkers, Inc. is a global shipping company providing worldwide seaborne transportation solutions in the dry-bulk sector. The company transports major commodities such as iron ore, coal and grain, as well as minor bulks including bauxite, fertilizers and steel products, serving some of the world's leading charterers. Safe Bulkers, Inc. operates a fleet of 45 dry bulk vessels and is continuing to invest in fleet renewal and environmental performance through a programme of newbuild vessels incorporating the latest energy-efficiency and emissions-reduction technologies.
The admission of Safe Bulkers, Inc. to trading on Euronext Athens marks a significant milestone for the Greek capital market, as the first listing of a shipping company on the Greek Exchange. The transaction strengthens the connection between one of Greece’s most strategic and internationally recognised industries and the domestic capital market, while further enhancing the diversity of sectors represented on Euronext Athens. It also reflects the growing international profile, credibility and attractiveness of Euronext Athens within the wider European capital markets landscape, providing companies with access to a broad investor base and supporting their long-term growth ambitions.
Safe Bulkers, Inc. was admitted to trading on Euronext Athens on 2 June 2026 through the parallel listing of all its 101,826,580 common shares. At market opening today, Safe Bulkers, Inc. shares were admitted to trading at a reference price of EUR 5.70 per share, corresponding to a market capitalisation of EUR 580.4 million on its first day of trading on Euronext Athens.
Polys Hajioannou, CEO of Safe Bulkers, Inc., said: “This is an important milestone for Safe Bulkers, for the broader maritime community and for Athens, as it evolves into an increasingly important international financial and shipping centre. Our Company has the opportunity to access the European Institutional investor base assisting in transforming Athens into a premier global maritime finance hub within Euronext platform.”
Caption: Polys Hajioannou, CEO of Safe Bulkers Inc., and members of the Board of Directors rang the bell this morning to celebrate the listing of Safe Bulkers Inc.
CONTACTS
CONTACT EURONEXT - mediateam@euronext.com
Europe Sandra Machado +351 917 776 897
Greece Ioulia Zafolia +30 694 570 1070
CONTACT SAFE BULKERS, INC.
Dr. Loukas Barmparis, President, Safe Bulkers, Inc.
directors@safebulkers.com Tel: +30 2111 888 400 Tel: +357 25 887 200
Investors Relations Media Contact Capital Link Inc.
NYSE: Paul Lampoutis, Vice-President
plampoutis@capitallink.com Tel: +1 (212) 661-7566
Euronext Athens: Anna Wichmann
awichmann@capitallink.com Tel: +30 210 6109-800
About Safe Bulkers
The Company is an international provider of marine dry bulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine dry bulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C”, and “SB.PR.D”, respectively. The Company’s common stock is listed on the EURONEXT ATHENS, and trades under the symbol “SB”.