Costamare Bulkers issues Series B preferred stock to consolidate voting control
PositiveFinancial Markets

Costamare Bulkers has successfully issued Series B preferred stock, a strategic move aimed at consolidating its voting control. This decision is significant as it strengthens the company's governance structure and positions it for future growth. By enhancing its control, Costamare can make more decisive moves in the competitive shipping industry, which is crucial for navigating market challenges and seizing new opportunities.
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