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 2020
Commission File Number: 001-36231
|
Scorpio Bulkers Inc.
|
|
(Translation of registrant’s name into English)
|
|
|
|
9, Boulevard Charles III, Monaco 98000
|
|
(Address of principal executive office)
|
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): [ ].
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
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): [ ].
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private
issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the
registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on EDGAR.
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Between November 11, 2020 and November 27, 2020, Scorpio Bulkers Inc. (the “Company”) repurchased an aggregate of 596,057 common shares, par value $0.01 per share (the “Common Shares”), for an aggregate purchase price
of approximately $8.7 million, in open market transactions pursuant to its share repurchase plan (the “Plan”). The Plan allows the Company to repurchase up to $50.0 million of its Common Shares in open market or privately negotiated transactions.
Following these repurchases, the Company has approximately $41.3 million remaining for repurchases under the Plan and 11,791,323 Common Shares outstanding as of November 27, 2020.
The information contained in this report on Form 6-K is hereby incorporated by reference into the Company’s registration statements on Form F-3 (File Nos. 333-217445, 333-221441, 333-222013 and 333-222448).
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.
|
|
|
|
SCORPIO BULKERS INC.
|
|
|
|
|
(registrant)
|
|
|
|
|
|
|
|
|
|
|
|
|
Dated: November 27, 2020
|
|
By:
|
/s/ Hugh Baker
|
|
|
|
|
|
Hugh Baker
|
|
|
|
|
|
Chief Financial Officer
|