2020 Bulkers holds special general meeting, approves par value cut

Bitget2026/09/29 15:02

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2020 Bulkers held a special general meeting on Sept. 29, 2026.
Shareholders adopted a plan to cut par value per common share to US$0.01 from US$1.
The same resolution authorized reducing issued share capital, with the reduction to be credited to contributed surplus.
Shareholders also authorized resetting authorized share capital to US$750,000, reflecting 75,000,000 common shares at US$0.01 par value.
A separate resolution authorized increasing authorized share capital to US$50 million by creating 4,925,000,000 new US$0.01 common shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 2020 Bulkers Ltd. published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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2020 Bulkers holds special general meeting, approves par value cut

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