Costamare Inc. Announces Full Redemption of its Outstanding Shares of Series E Preferred Stock

Company Overview - Costamare Inc. is a leading owner and provider of containerships and dry bulk vessels for charter, with 50 years of history in the international shipping industry [6] - The company operates a fleet of 68 containerships with a total capacity of approximately 513,000 TEU and 39 dry bulk vessels with a total capacity of approximately 2,900,000 DWT [6] - Costamare Inc. also engages in a leasing business that provides financing to third-party owners [6] Redemption Announcement - The company announced the redemption of all outstanding shares of 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock, with a redemption date set for July 15, 2024 [5] - The redemption price is $25.00 per share plus accrued and unpaid dividends up to the redemption date [5] - As of the announcement date, there were 4,574,100 shares of Series E Preferred Stock outstanding [5]