EuroDry Ltd. Announces Agreement to Acquire Three Eco Ultramax Bulkers
EuroDry Ltd. - Common Shares (EDRY)
Last eurodry ltd. - common shares earnings: 2/12 04:05 pm
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Source: GlobeNewswire
ATHENS, Greece, Sept. 12, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has agreed to acquire three Ultramax bulkers, M/V Giants Causeway, a 63,197 dwt drybulk vessel built in 2015, M/V Sadlers Wells, a 63,153 dwt drybulk vessel built in 2015 and M/V Gallileo, a 63,177 dwt drybulk vessel built in 2014, for a total price of about $65 million. The vessels are expected to be delivered to the Company during October and November 2023. The acquisitions will be financed by the Company’s own funds and bank debt. Aristides Pittas, Chairman and CEO of EuroDry, commented: “We are pleased to announce the acquisition of three Eco Ultramax drybulk vessels, all built during 2014 and 2015. The vessels are sisterships of our own M/V Alexandros P which was built at the same shipyard in 2017. This acquisition further expands our modern
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News
- EuroDry Ltd (EDRY) Q3 2025 Earnings Call Highlights: Navigating Challenges with Strategic Moves [Yahoo! Finance]Yahoo! Finance
- EuroDry Ltd. (EDRY) Q3 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- EuroDry Ltd. Reports Results for the Quarter and Nine-Month Period Ended September 30, 2025 and Announces Debt Financing Arrangements for its Two Ultramax NewbuildingsGlobeNewswire
- EuroDry Ltd. Sets Date for the Release of Third Quarter 2025 Results, Conference Call and WebcastGlobeNewswire
- EuroDry (NASDAQ:EDRY) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
EDRY
Earnings
- 11/13/25 - Miss
EDRY
Sec Filings
- 11/14/25 - Form 6-K
- 9/30/25 - Form 6-K
- EDRY's page on the SEC website