Safe Bulkers Appoints Market Makers for Euronext Athens Dual Listing
SB sits 76% above its 52-week low of $3.56.
Summary
Safe Bulkers has appointed Piraeus Securities S.A. and Eurobank Equities Investment Firm S.A. as market makers for its upcoming dual listing on Euronext Athens, with trading set to begin on June 2, 2026.
Key Events · Financing and Capital Events · SB
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Market Makers Appointed
Piraeus Securities S.A. and Eurobank Equities Investment Firm S.A. have been approved as market makers for the company's common stock on Euronext Athens.
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Dual Listing Operational Step
This appointment is a key step in the company's dual listing process on Euronext Athens, which is expected to commence trading on June 2, 2026.
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Market Making Agreement
The market makers will transmit simultaneous buy and sell orders on Euronext Athens and may submit buy orders on the NYSE for a customary fixed fee, under a one-year agreement.
Analysis · SB · Energy & Transportation
This filing confirms the appointment of Piraeus Securities S.A. and Eurobank Equities Investment Firm S.A. as market makers for Safe Bulkers' shares on Euronext Athens, effective June 2, 2026. This is a crucial operational step following the company's recent announcements regarding its dual listing, ensuring liquidity and facilitating trading on the new exchange.
At the time of this filing, SB was trading at $6.25 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $639M. The 52-week trading range was $3.56 to $7.38. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.