Costamare Bulkers Holdings Limited debuts as independent, publicly traded company
Company completes separation from Costamare Inc. • Begins trading today on NYSE MONACO – May 7, 2025 – Costamare Bulkers Holdings Limited (NYSE:CMDB) (“Costamare Bulkers” or the “Company”) announced today its debut as an independent, publicly traded company and the completion of its separation from Costamare Inc. The Company’s shares begin trading today from 9:30 a.m., New York City time on the New York Stock Exchange (the “NYSE”) under the symbol “CMDB.” Costamare Inc. will continue to trade on the NYSE under the ticker symbol “CMRE.”
Under the terms of the separation, each holder of Costamare Inc. common shares received one common share of Costamare Bulkers for every five Costamare Inc. common shares held as of the close of business on April 29, 2025.
Following the successful execution of the spin-off, the Company is an international owner and operator of dry bulk vessels providing worldwide transportation of dry bulk commodities for a broad range of industrial users, traders and producers of dry bulk commodities.
The Company launched a new global website that can be found at www.costamarebulkers.com.
About Costamare Bulkers Holdings Limited Costamare Bulkers Holdings Limited is an international owner and operator of dry bulk vessels. Costamare Bulkers’ owned dry bulk fleet consists of 37 vessels with a total carrying capacity of approximately 2,940,000 dwt. Costamare Bulkers also owns a dry bulk operating platform (CBI) which charters in/out dry bulk vessels, enters into contracts of affreightment, forward freight agreements and may also utilize hedging solutions. Costamare Bulkers’ common stock trades on the New York Stock Exchange under the symbol “CMDB”.
