NYSE:EGLE - Post Discussion
Post by
schoolofrock on Sep 15, 2020 10:46am
Reverse stock split effective today, September 15th
Recent CEO Interview focused on the active fleet management strategy, fleet renewal program and solid financial position. Active fleet management strategy has generated above average TCE rates and created ~$37 million of incremental EBITDA over the past year. Reverse stock split effective today, September 15th. The reverse stock split, which was approved at the last shareholder meeting, will reduce the share count from ~77.1 million shares to ~11.0 million shares.
More at:
https://www.channelchek.com/news-channel/Eagle_Bulk_Shipping__EGLE____CEO_Interview_Highlights_Active_Management_Strategy_and_Fleet_Renewal_Program
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