• 11/25/2024

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