d938884_6-k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES
EXCHANGE ACT OF 1934
For the
month of November 2008
Commission
File Number: 001-33869
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Star
Bulk Carriers Corp.
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(Translation
of registrant’s name into English)
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7,
Fragoklisias Street, 2nd
floor, Maroussi 151 25, Athens, Greece
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(Address
of principal executive office)
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Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form 20-F
[X] Form 40-F
[ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)7: ___
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
On
November 17, 2008, Star Bulk Carriers Corp. (the “Company”) announced that its
board of directors declared a cash and stock dividend totaling $0.36 per common
share for the quarter ended September 30, 2008. The dividend payment
consists of a cash portion in the amount of $0.18 per share with the remaining
half of the dividend payable in the form of newly issued common
shares. The amount of newly issued common shares will be based on the
volume weighted average price of the Company’s common shares on the Nasdaq
Global Market during the five days before the ex-dividend date, or November 25,
2008. The dividend will be payable on or about December 1, 2008 to
stockholders of record on November 28, 2008.
The
Company also announced that management and directors who currently hold
approximately 10.3 million of the Company’s common shares have committed to
reinvest the cash portion of their dividend into newly issued shares in a
private placement at the same weighted average price on which the stock portion
of the dividend is based, thereby electing to effectively receive the full
amount of their dividend in the form of newly issued common shares.
This
Report on Form 6-K is hereby incorporated by reference into the Company’s
Registration Statement on Form F-3 (File No. 333-153304) which was filed with
the U.S. Securities and Exchange Commission on September 2, 2008, as
amended.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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Star
Bulk Carriers Corp. |
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| Dated: November
24, 2008 |
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By:
/s/ Prokopios
Tsirigakis |
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Name: Prokopios
Tsirigakis
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Title: Chief
Executive Officer and President
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SK 25767 0001
938884