Scorpio Bulkers Authorizes $50 Million Share Repurchase Program

Scorpio-Bulkers

Scorpio Bulkers announced that its Board of Directors has authorized the repurchase of up to $50.0 million of the Company’s common stock in open market or privately negotiated transactions.

The specific timing and amounts of the repurchases, will be in the sole discretion of management and may vary based on market conditions and other factors, but the Company is not obligated under the terms of the program to repurchase any of its common stock.

The authorization has no expiration date.

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