Eagle Bulk (EGLE) Q2 2023 reporting

Announced today (08/08)

  • Rev of $101.4M
  • Net income of $18M
  • Declared div of 58c/sh
  • Achieved a TCE of $14,434 daily
  • Completed a major share buy-back of 3.8M shares
  • Swapped two older Supramax vessels for two newer Ultramax vessels

Eagle Bulk Shipping Inc. Reports Results for the Second Quarter of 2023 | Hellenic Shipping News Worldwide

Wow! that’s an impressive share buy-back - over 25% of shares outstanding