Star Bulk Carriers Holds Annual Shareholders Meeting
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
Source: Newsfilter
- Board Re-election: At the Annual Meeting of Shareholders held in Athens, shareholders unanimously approved the re-election of Mahesh Balakrishnan, Nikolaos Karellis, Gary Weston, and Eleni Vrettou, ensuring continuity and stability in corporate governance.
- Auditor Appointment: The meeting appointed Deloitte Certified Public Accountants S.A. as the independent auditors for the fiscal year ending December 31, 2026, which will enhance financial transparency and boost investor confidence.
- Fleet Size: As of the announcement date, Star Bulk Carriers owns a fleet of 141 vessels with a total capacity of 14.0 million dwt, covering various vessel types, thereby ensuring competitiveness in the dry bulk transportation market.
- Global Business Presence: Star Bulk is incorporated in the Marshall Islands and maintains offices in Athens, New York, Stamford, and Singapore, demonstrating its global business strategy and market coverage capabilities.
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Analyst Views on SBLK
About SBLK
Star Bulk Carriers Corp is a Greece-based global shipping company. The Company owns and operates a diverse fleet of dry bulk vessels that transport bulk commodities, including iron ore, minerals and grain, bauxite, fertilizers and steel products, along worldwide shipping routes. The Company has a fleet of 112 vessels, with an aggregate capacity of 12.5 million dwt, consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax and Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt. The Company maintains executive offices in Athens, Greece and in Limassol, Cyprus.
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.
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- Payment Schedule: The dividend will be payable on June 22, with a record date of June 12 and an ex-dividend date also on June 12, providing investors with a clear timeline that may enhance market liquidity.
- Strong Financial Performance: Star Bulk Carriers reported a non-GAAP EPS of $0.56, beating expectations by $0.08, with revenue of $281.15 million exceeding forecasts by $57.6 million, showcasing the company's robust growth potential in the current market environment.
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See More
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- Positive Stock Reaction: Shares rose by 3% in after-hours trading, indicating a favorable market response to the company's financial results and dividend policy, which may attract more investor interest.
See More
