Initiation of a share buy-back program | A.P. Møller - Mærsk A/S
Feb 5, 2025 · The first phase of the share buy-back program will run from 7 February up to 6 August 2025. The shares to be acquired will be limited to a total market value of DKK 7.2 billion (around USD 1 billion). A maximum of 325,000 A shares and 1,900,000 B shares can be acquired in the first phase of the share buy-back program.
Maersk reports third-best financial year
6 days ago · Maersk returned USD 1.6bn to shareholders during 2024 through dividends and share buy-backs. The demerger and spin-off of Svitzer returned USD 1.1bn to shareholders through a dividend in-kind. In February 2024, the Board of Directors decided to suspend the share buy-back programme, with a re-initiation to be reviewed once market conditions in ...
Maersk to buy back shares for USD 2bn - shippingwatch.com
6 days ago · Maersk has decided to buy back its own shares for around USD 2bn or DKK 14.4bn, the shipping group announces in a statement on Wednesday evening . The buyback will be initiated on Friday, February 7, and will take place in two phases over the next 12 months.
Maersk deploys cash pile for $2bn share buyback as AP Moller …
6 days ago · The buyback total represents nearly one-third of its $6.34bn in cash held at the end of the third quarter. ... American depository receipts based on Maersk’s Class-B shares jumped after the ...
Termination of the fifth phase of share buy-back program - Maersk
Feb 8, 2024 · The Company has decided to terminate the fifth phase of the share buy-back program with immediate effect and the Lead Manager, Skandinaviska Enskilda Banken AB’s mandate to purchase shares on behalf of the Company has been withdrawn.
Transactions in connection with share buy-back program
Feb 8, 2024 · A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program. On 5 May 2021, A.P. Møller - Mærsk A/S (the “Company”) announced a share buy-back program of up to DKK 32bn (around USD 5bn) to be executed over a period of two years. On 2 November 2021, the Company decided to extend the current share buy-back program ...
Maersk shares drop after it warns on shipping outlook and suspends buybacks
Feb 8, 2024 · Shares in Copenhagen-listed Maersk fell more than 13 per cent in early trading on Thursday. Faced with an especially uncertain outlook, Maersk said it would be scrapping the fifth part of a share...
Maersk Suspends Share Buyback as It Navigates Uncertain …
Feb 8, 2024 · A.P. Moeller-Maersk suspended its share buyback program in a move to preserve cash amid uncertainty surrounding disruption in the Red Sea and industry overcapacity that continues to drag on...
Termination of the fifth phase of share buy-back program
Feb 8, 2024 · A.P. Møller - Mærsk A/S – Termination of the fifth phase of share buy-back program. On 3 November 2023, the Company announced the initiation of the fifth phase of the share buy-back...
Maersk to Initiate $2 Billion Share Buyback | Morningstar
6 days ago · A.P. Moeller-Maersk said it is initiating a share-buyback program of up to 14.4 billion danish Krona ($2 billion) over a period of 12 months. The Danish shipping giant on Wednesday said that the...