{"id":1004301,"date":"2026-09-17T11:35:40","date_gmt":"2026-09-17T15:35:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/"},"modified":"2026-09-17T11:35:40","modified_gmt":"2026-09-17T15:35:40","slug":"rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/","title":{"rendered":"Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ATHENS, Greece, Sept.  17, 2026  (GLOBE NEWSWIRE) &#8212; Rubico Inc. (Nasdaq: RUBI) (the \u201cCompany\u201d or \u201cRubico\u201d), a global provider of shipping transportation services specializing in the ownership of vessels, announced today that its board of directors has declared a stock dividend of 0.50 common shares for each common share outstanding. The stock dividend will be distributed on or about October 5, 2026 (the \u201cDistribution Date\u201d) to shareholders of record as of the close of business on September 28, 2026 (the \u201cRecord Date\u201d). No fractional shares will be issued in connection with the stock dividend; any fractional shares resulting from the stock dividend will be paid in cash based on the closing price of the Company\u2019s common shares on the Nasdaq Capital Market on the Record Date.<\/p>\n<p align=\"justify\">In addition, in accordance with the terms of the Company\u2019s outstanding warrants, as a result of the stock dividend, immediately after the Record Date the exercise price of all of the Company\u2019s warrants will be reduced by 33.33% and the number of common shares issuable upon exercise of the warrants will be increased by 50%.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>As a result of \u201cdue bill\u201d trading procedures expected to be established by Nasdaq, any purchasers of our common shares in the market through the Distribution Date for the stock dividend, expected to be October 5, 2026, will be entitled to receive the stock dividend, and holders of our common shares will need to hold their shares through and including the Distribution Date in order to receive the stock dividend.<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">The Company\u2019s common shares are expected to begin trading on the Nasdaq Capital Market on a stock dividend-adjusted basis on or about October 6, 2026.<\/p>\n<p>\n        <strong>About the Company<\/strong>\n      <\/p>\n<p align=\"justify\">Rubico Inc. is a global provider of shipping transportation services specializing in the ownership of vessels. The Company is an international owner and operator of two modern, fuel efficient, eco 157,000 dwt Suezmax tankers. Furthermore, the Company owns two 47,499 dwt MR tanker newbuildings scheduled for delivery in the third and fourth quarters of 2029 and a 60-meter newbuilding megayacht scheduled for delivery in the second quarter of 2027, which the Company intends to divest. In addition, the Company has entered into a share purchase agreement to acquire a shipowning company that owns one high-specification 47,499 dwt MR tanker newbuilding scheduled for delivery in the second quarter of 2029, with closing of this share purchase agreement to occur by September 30, 2026.<\/p>\n<p align=\"justify\">The Company is incorporated under the laws of the Republic of the Marshall Islands and has executive offices in Athens, Greece. The Company&#8217;s common shares trade on the Nasdaq Capital Market under the symbol \u201cRUBI\u201d.<br \/>Please visit the Company\u2019s website at: <u>https:\/\/rubicoinc.com\/<\/u><\/p>\n<p>\n        <strong>For further information please contact:<\/strong><br \/>\n        <br \/>Nikolaos Papastratis<br \/>Chief Financial Officer<br \/>Rubico Inc.<br \/>Tel: +30 210 812 8107<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ijtjrBHjs460df8Btm6K-71I0kfQy0DOrcuDbINjByUBkeQcUi4t_lIF7AHvk9-ykVyIyGnpdGiSPxT3wyHfZwy7iCvhSwdJxeaS4Jjr3coQtqDb_n1vDlilXuw7BqDP\" rel=\"nofollow\" target=\"_blank\">npapastratis@rubicoinc.com<\/a><\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p>Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, including statements regarding the declaration and payment of the stock dividend and the adjustment of the terms of the Company\u2019s outstanding warrants.<\/p>\n<p>The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words \u201cbelieve,\u201d \u201canticipate,\u201d \u201cintends,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201cproject,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cpending\u201d and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management&#8217;s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. Please see the Company\u2019s filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTI2MzI4NCM0MDI1MDQwMzgjMjMwMzg2Mg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/MzY3Y2RmZTItOTllYi00NWEzLWI0ZjItOGQ0YmVhOTQ0NDIwLTEzMTU0MTItMjAyNi0wOS0xNy1lbg==\/tiny\/Rubico-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATHENS, Greece, Sept. 17, 2026 (GLOBE NEWSWIRE) &#8212; Rubico Inc. (Nasdaq: RUBI) (the \u201cCompany\u201d or \u201cRubico\u201d), a global provider of shipping transportation services specializing in the ownership of vessels, announced today that its board of directors has declared a stock dividend of 0.50 common shares for each common share outstanding. The stock dividend will be distributed on or about October 5, 2026 (the \u201cDistribution Date\u201d) to shareholders of record as of the close of business on September 28, 2026 (the \u201cRecord Date\u201d). No fractional shares will be issued in connection with the stock dividend; any fractional shares resulting from the stock dividend will be paid in cash based on the closing price of the Company\u2019s common shares on the Nasdaq &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1004301","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATHENS, Greece, Sept. 17, 2026 (GLOBE NEWSWIRE) &#8212; Rubico Inc. (Nasdaq: RUBI) (the \u201cCompany\u201d or \u201cRubico\u201d), a global provider of shipping transportation services specializing in the ownership of vessels, announced today that its board of directors has declared a stock dividend of 0.50 common shares for each common share outstanding. The stock dividend will be distributed on or about October 5, 2026 (the \u201cDistribution Date\u201d) to shareholders of record as of the close of business on September 28, 2026 (the \u201cRecord Date\u201d). No fractional shares will be issued in connection with the stock dividend; any fractional shares resulting from the stock dividend will be paid in cash based on the closing price of the Company\u2019s common shares on the Nasdaq &hellip; Continue reading &quot;Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-17T15:35:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTI2MzI4NCM0MDI1MDQwMzgjMjMwMzg2Mg==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026\",\"datePublished\":\"2026-09-17T15:35:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\\\/\"},\"wordCount\":757,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMTI2MzI4NCM0MDI1MDQwMzgjMjMwMzg2Mg==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\\\/\",\"name\":\"Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/","og_locale":"en_US","og_type":"article","og_title":"Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026 - Market Newsdesk","og_description":"ATHENS, Greece, Sept. 17, 2026 (GLOBE NEWSWIRE) &#8212; Rubico Inc. (Nasdaq: RUBI) (the \u201cCompany\u201d or \u201cRubico\u201d), a global provider of shipping transportation services specializing in the ownership of vessels, announced today that its board of directors has declared a stock dividend of 0.50 common shares for each common share outstanding. The stock dividend will be distributed on or about October 5, 2026 (the \u201cDistribution Date\u201d) to shareholders of record as of the close of business on September 28, 2026 (the \u201cRecord Date\u201d). No fractional shares will be issued in connection with the stock dividend; any fractional shares resulting from the stock dividend will be paid in cash based on the closing price of the Company\u2019s common shares on the Nasdaq &hellip; Continue reading \"Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-17T15:35:40+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTI2MzI4NCM0MDI1MDQwMzgjMjMwMzg2Mg==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026","datePublished":"2026-09-17T15:35:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/"},"wordCount":757,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTI2MzI4NCM0MDI1MDQwMzgjMjMwMzg2Mg==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rubico-announces-stock-dividend-of-0-50-common-shares-for-each-outstanding-common-share-with-a-record-date-of-september-28-2026\/","name":"Rubico Announces Stock Dividend of 0.50 Common Shares for Each Outstanding Common Share with a Record Date of September 28, 2026 - 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