Photo credit: Eagle Bulk Shipping

The Stamford-based Eagle Bulk Shipping, a shipowner and operator within the midsize drybulk segment, said today that has completed the transfer of its stock listing to the New York Stock Exchange from the Nasdaq Global Select Market.

The company’s shares, as it is stated by Eagle, will start trading on the New York Stock Exchange when the market opens on January 4, 2023, under the existing ticker symbol, “EGLE”.

It is worth mentioning that Eagle’s CEO Gary Vogel commented in December that the decision to transfer to the New York Stock Exchange, will further improve the company´s trading liquidity, and overall standing within the financial markets, enhancing value for its shareholders.

As he pointed out, “we are truly excited to join the New York Stock Exchange, and have our shares trade alongside some of the world’s most respected companies, including the majority of our U.S.-listed peers within the maritime/shipping space”.

From his side, Mr. John Tuttle, the Vice Chair of the New York Stock Exchange Group welcomed Eagle Bulk to the NYSE, the world’s premier listing venue for maritime companies, as he said.

It is worth mentioning that Eagle focuses exclusively on the versatile midsize drybulk vessel segment, and owns one of the largest fleets of Supramax / Ultramax vessels in the world.

Source: Eagle Bulk Shipping