Maersk suspended its share buyback program as it moved to preserve cash, with uncertainty surrounding disruption in the Red Sea and as industry overcapacity continued to drag on freight rates.

Investing.com -- Maersk, the Danish shipping company, announced on Wednesday that it has launched a share buyback program.

A.P. Moller-Maersk, parent of the world’s second-largest shipping line, said that as of late May it has bought back almost $600 million worth of stock. The post Maersk more than halfway through ...

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 ...

A.P. Møller - Maersk has decided to initiate a share buy-back program of up to DKK 14.4 billion (around $2 billion) to be executed over a period of 12 months.

Shares of Danish shipping titan Maersk (MAERSK-B.CO, AMKBY) tumble Thursday morning after the company halted share buybacks and issued a muted 2024 outlook. Maersk pointed to threats to vessel ...

A.P. Moller-Maersk halted its $1.6 billion share buyback plans as it warned attacks in the Red Sea could continue impacting its business throughout 2024 ...

Maersk said on Wednesday it has initiated a share buyback program of up to 14.4 billion Danish crowns ($2.01 billion), which will be executed over a period of 12 months.

Investing.com -- Maersk, the Danish shipping company, announced on Wednesday that it has launched a share buyback program. The program, worth up to 14.4 billion Danish crowns (EUR 2billion), is ...

Maersk launches EUR2 billion share buyback program. Open in App. Get 45% Off. Sign In; Free Sign Up ...

Investing.com -- Maersk, the Danish shipping company, announced on Wednesday that it has launched a share buyback program. The program, worth up to 14.4 billion Danish crowns (EUR 2billion), is set to ...