Costamare ( (CMRE) ) has shared an announcement.
On March 31, 2025, Costamare Inc. announced a virtual Analyst and Investor Day for Costamare Bulkers Holdings Limited, scheduled for April 9, 2025. This event marks a significant step in the company’s plan to spin off its dry bulk business into a standalone entity, Costamare Bulkers, which is expected to be listed on the New York Stock Exchange. The spin-off aims to unlock value and provide unique growth opportunities for both Costamare Inc. and the new entity, although the completion of this transaction is subject to regulatory approvals and board decisions.
More about Costamare
Costamare Inc. is a leading global owner and provider of containerships and dry bulk vessels for charter, with over 51 years in the international shipping industry. The company operates a fleet of 68 containerships and 38 dry bulk vessels, and it engages in a leasing business, offering a range of services including contracts of affreightment and forward freight agreements.
YTD Price Performance: -21.75%
Average Trading Volume: 441,750
Technical Sentiment Signal: Buy
Current Market Cap: $1.19B
For a thorough assessment of CMRE stock, go to TipRanks’ Stock Analysis page.