Bugbee buys Scorpio Bulkers shares

Bugbee

Robert Bugbee, president of Scorpio Bulkers, has spent around $432,100 buying shares in the company.

The president purchased a total of 145,000 common shares at an average price of $2.98 per share in the open market, Scorpio said.

The stock purchase is part of Scorpio Bulkers’ third equity offering since its IPO in 2013, which was completed on Tuesday.

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