Scorpio Bulkers is looking to make its shares more attractive to investors.
The Emanuele Lauro-led owner has executed a 10-for-1 reverse stock split of its common shares.
The New York-listed company's board of directors on 3 April approved the move, which includes lowering the number of authorised shares to 31.9m, at its annual general meeting.
The split, effective 7 April, will leave Scorpio Bulkers with 7.25m
