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OceanPal Inc. Announces Reverse Stock Split Effective August 25, 2025

Story Highlights
  • OceanPal Inc. will execute a one-for-twenty-five reverse stock split on August 25, 2025.
  • The reverse stock split will reduce outstanding shares from 167.4 million to 6.7 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OceanPal Inc. Announces Reverse Stock Split Effective August 25, 2025

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An update from OceanPal Inc ( (OP) ) is now available.

On August 21, 2025, OceanPal Inc. announced that its board of directors has approved a one-for-twenty-five reverse stock split of its common shares, which will take effect on August 25, 2025. This move will reduce the number of outstanding shares from approximately 167.4 million to about 6.7 million, with no change in the par value per share. The reverse stock split is intended to enhance the company’s stock market positioning by consolidating shares, potentially impacting shareholder value and market perception.

Spark’s Take on OP Stock

According to Spark, TipRanks’ AI Analyst, OP is a Neutral.

OceanPal Inc’s stock score is low primarily due to significant financial challenges, including negative profitability and cash flow issues. The stable debt-free balance sheet is a positive, but technical indicators and valuation metrics provide little support for upward momentum.

To see Spark’s full report on OP stock, click here.

More about OceanPal Inc

OceanPal Inc. is a global provider of shipping transportation services, specializing in the ownership and operation of dry bulk vessels and product tankers. The company focuses on the seaborne transportation of bulk commodities such as iron ore, coal, and grain, as well as refined petroleum products. OceanPal’s fleet is employed on time charter trips and spot charters, aiming to maximize long-term shareholder value.

Average Trading Volume: 26,385,052

Technical Sentiment Signal: Sell

Current Market Cap: $12.15M

For detailed information about OP stock, go to TipRanks’ Stock Analysis page.

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