Maersk commences $2bn share buyback program

Capt. John

Cash-rich Maersk revealed yesterday it has started a 12-month share buyback program of up to DKK14.4bn ($2.01bn). The purpose of the program is to adjust the capital structure of the company ultimately through the cancellation of shares repurchased, Maersk stated in a release.  The Danish liner is...

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