Business Context and Reporting Period
This Form 6-K filing by Costamare Inc. (NYSE: CMRE) covers the month of November 2010, specifically dated November 22, 2010. Costamare is a leading owner and provider of containerships for charter with 35 years of industry history. The company operates a fleet of 43 containerships with a total capacity of 218,533 TEU.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a corporate announcement regarding index inclusion rather than a financial results report.
Material Changes
The primary material event reported is the inclusion of Costamare Inc. in the Wilshire 5000 Total Market Index, effective after market close on Friday, November 19, 2010. This change occurred in conjunction with the index's monthly additions and deletions.
Guidance, Outlook, and Management Commentary
Mr. Konstantinos Konstantakopoulos, Chairman and CEO, stated that the inclusion in the Wilshire 5000 is expected to enhance the company's visibility in the investment community and potentially have a positive impact on share trading. The filing includes a standard forward-looking statement disclaimer, noting that actual results may differ materially from anticipated results due to inherent uncertainties and risks detailed in the company's Form F-1 Registration Statement.
Investor Verification Checklist
- Verify the effective date of inclusion in the Wilshire 5000 Total Market Index (November 19, 2010).
- Confirm the current fleet size and TEU capacity (43 ships, 218,533 TEU) against recent operational updates.
- Review the company's Form F-1 Registration Statement (File No. 333-170033) for detailed risk factors referenced in the forward-looking statements.
- Monitor trading volume and share price performance following the index inclusion to assess the anticipated impact on liquidity.