Rubico Inc. Announces Stock Dividend Distribution Date

ATHENS, Greece, Sept. 25, 2026 /CourierPR/ -- Rubico Inc., a global provider of shipping transportation services, has announced a significant stock dividend. The company will distribute 0.50 common shares for each common share outstanding, with the ex-dividend date set for October 6, 2026. Shareholders of record as of the close of business on September 28, 2026, will be eligible to receive the dividend. Any fractional shares resulting from the distribution will be paid in cash based on the closing price of the company's common shares on Nasdaq on September 28, 2026.

The stock dividend is expected to be distributed on or about October 5, 2026. Due to "due bill" trading procedures, Rubico common shares will trade with due bills from September 28, 2026, through and including the distribution date. This means that holders who purchase Rubico common shares during this period will be entitled to receive the stock dividend, while sellers who sell during this period will not be entitled to the dividend.

Rubico Inc. is an international owner and operator of two modern, fuel-efficient, eco-friendly 157,000 dwt Suezmax tankers. Additionally, the company owns two 47,499 dwt MR tanker newbuildings scheduled for delivery in the third and fourth quarters of 2029. The company also has a 60-meter newbuilding megayacht scheduled for delivery in the second quarter of 2027, which it intends to divest. Furthermore, Rubico has entered into a share purchase agreement to acquire a shipowning company that owns one high-specification 47,499 dwt MR tanker newbuilding, with the closing of this agreement expected by September 30, 2026.

Rubico Inc. is incorporated under the laws of the Republic of the Marshall Islands and has executive offices in Athens, Greece. The company's common shares trade on the Nasdaq Capital Market under the symbol "RUBI."

Rubico Inc. notes that the forward-looking statements in this press release are based upon various assumptions, many of which are based on historical operating trends and data available from third parties. The company cautions that these assumptions are inherently subject to significant uncertainties and contingencies, and the company cannot assure that it will achieve or accomplish these expectations, beliefs, or projections.