Safe Bulkers is ready to buy back both common and preferred shares.
The New York-listed, Polys Hajioannou-led bulker owner announced today it was bumping the number of common shares that can be bought back under its repurchase plan from 5 million to 6.5 million.
So far, the company said it has bought back nearly 3.1 million shares. The increase brings the total eligible for repurchase to 3.4
