Star Bulk Carriers Corp. (NasdaqGS:SBLK) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares.

The company has entered into a repurchase agreement with OCM XL Holdings, LP to purchase shares. The repurchases will be funded from sale proceeds of vessels sold at stronger market levels during the last 6 months The plan will expire on October 9, 2023.