Star Bulk Carriers announces repurchase of additional 10M shares of common stock

Star Bulk Carriers “announced that it entered into a Repurchase Agreement with OCM XL Holdings, L.P., a limited partnership incorporated in the Cayman Islands, Oaktree OBC Container Holdings, LLC, a limited liability company organized in the Marshall Islands, and OCM FIE, LLC, a limited liability company organized in Delaware, pursuant to which the Company agreed to purchase of an additional 10 million of its common shares from the Sellers at a price per common share of $19.50. The Share Repurchase was approved unanimously by all the disinterested members of the Company’s Board of Directors.”