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-6.51465798044084E-06 -6.51465798044084E-06 -6.51465798044084E-06 -6.51465798044084E-06 0.0130293159609121 0.0241042345276874 0.0228013029315962 -0.0260521172638436
Stock impact report

EuroDry Ltd. Announces Delivery of M/V YANNIS PITTAS, an Eco Ultramax Drybulk Carrier [Yahoo! Finance]

EuroDry Ltd. - Common Shares (EDRY) 
Last eurodry ltd. - common shares earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Aristides Pittas, Chairman and CEO of EuroDry commented “We are pleased to have taken delivery of M/V YANNIS PITTAS, the first of the three Eco Ultramax drybulk vessels we recently announced we agreed to acquire. The remaining two vessels are expected to be delivered within October 2023. We believe our acquisition of the three vessels took place at an opportune time in the market and, despite the recently increased geopolitical uncertainties, we expect all three vessels to make significant contributions to our EBITDA for the benefit of our shareholders which remains the focus of our strategy. “In parallel to the above acquisitions, we continue our share repurchase program to the maximum possible level as we believe that investing in our shares at a significant discount to our net asset value (“NAV”) represents a very attractive opportunity for our shareholders. At the same time, we have provided us -as we always do- flexibility and equipped the Company with the option of an At-Th Show less Read more
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