Maersk Suspends Buyback as It Navigates Uncertain Market
Wall Street Journal
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.
https://www.wsj.com/articles/maersk-suspends-share-buyback-as-it-navigates-uncertain-market-1ab9ddfe