Safe Bulkers Authorizes Buyback of 10 Million Shares

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Dec 01 2025

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SB-1.8%

Should l Buy SB?

Source: Newsfilter

Buyback Program Initiated: Safe Bulkers has authorized a buyback of up to 10 million shares, representing approximately 20% of its public float, aimed at enhancing shareholder value and boosting market confidence.
Clear Funding Source: The buyback will be funded using the company's existing cash resources, indicating financial stability and confidence in future market conditions.
Flexibility Assurance: The program is non-binding, allowing the company to modify or terminate it based on market conditions, demonstrating management's sensitivity to market dynamics.
Market Impact Assessment: By repurchasing shares, Safe Bulkers may enhance earnings per share, increasing investor confidence in the company's long-term growth potential, which could positively influence its stock price.

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About SB

Safe Bulkers, Inc. is a holding company. The Company's principal business is the acquisition, ownership and operation of drybulk vessels. The Company's vessels operate across the world, carrying drybulk cargo for the consumers of marine drybulk transportation services. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along shipping routes across the world. As of February 17, 2017 the Company's fleet included 38 vessels, of which 14 are Panamax class vessels, nine are Kamsarmax class vessels, 12 are Post-Panamax class vessels and three are Capesize class vessels, with an aggregate carrying capacity of 3,421,800 deadweight tonnage (dwt). The Company's fleet of Post-Panamax vessels includes Marina, Xenia, Sophia, Eleni, Martine, Andreas K, Panayiota K, Venus Heritage, Venus History, Venus Horizon and Troodos Sun. Its fleet of Capesize vessels includes Kanaris, Pelopidas and Lake Despina.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Capital Link Releases Q4 2025 Shipping Insights Report Featuring Key Industry Perspectives

Jan 14 2026Newsfilter

Industry Insights Compilation: Capital Link's Q4 2025 Shipping Insights report compiles exclusive interviews with executives from the container, dry bulk, LNG, LPG, and tanker sectors, offering in-depth analyses of key industry themes that help investors navigate market dynamics.
Regulatory and Decarbonization Focus: The report discusses regulatory updates and decarbonization efforts within the industry, highlighting their significant impact on shipping companies' capital allocation and shareholder value enhancement, reflecting the industry's commitment to sustainability.
Global Trade Trends: By analyzing global trade trends, the report reveals how shipping companies are adjusting their strategies in a rapidly changing market environment to address future challenges and opportunities, thereby strengthening their competitive position.
Executive Insights Sharing: The report features insights from executives of notable companies, including Capital Clean Energy Carriers Corp. and Dynagas LNG Partners LP, providing forward-looking perspectives on the future of the shipping market to aid investors in making informed decisions.

Safe Bulkers Declares $0.50 Cash Dividend Per Share on Series C and D Preferred Shares

Jan 02 2026Globenewswire

Dividend Declaration: Safe Bulkers announced a cash dividend of $0.50 per share to be paid on January 30, 2026, to shareholders of record as of January 16, 2026, covering the period from October 30, 2025, to January 29, 2026, demonstrating the company's ongoing efforts to maintain stable cash flow.
Preferred Share Returns: This dividend applies to the 8.00% Series C and D Preferred Shares, indicating the company's commitment to shareholder returns while reflecting confidence in its future financial condition.
Payment Frequency: The dividends will be paid quarterly, enhancing investor expectations for stable income and potentially attracting more long-term investors to the company.
Board Discretion: The payment of dividends will depend on the discretion of the Board of Directors, emphasizing the company's flexibility and prudence in financial management and growth strategies.