Costamare Bulkers (CMDB, Financial) has officially launched as an independent, publicly traded entity, completing its separation from Costamare Inc. The company's stock is now active on the New York Stock Exchange, with shares trading under the symbol "CMDB" starting at 9:30 a.m. New York City time. Costamare Inc. will maintain its listing on the NYSE with the ticker "CMRE."
As a result of the separation, each shareholder of Costamare Inc. received one share of Costamare Bulkers for every five shares of Costamare Inc. they held as of the close of business on April 29, 2025. Costamare Bulkers now operates as an international entity specializing in the ownership and operation of dry bulk vessels. The company is dedicated to the global transportation of dry bulk commodities, serving a diverse range of industrial clients, traders, and producers.
