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Mitsui O.S.K. Lines Announces Progress in Share Repurchase Program

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Mitsui O.S.K. Lines Announces Progress in Share Repurchase Program

Mitsui OSKLines ( (JP:9104) ) just unveiled an update.

Mitsui O.S.K. Lines, Ltd. announced the status of its share repurchase program, which was resolved in October 2024. The company repurchased 1,984,200 common shares worth JPY10,777,268,081 between February 1 and February 28, 2025. This action is part of a larger plan to repurchase up to 30 million shares, with a total budget of JPY100 billion, aimed at enhancing shareholder value. The repurchase is conducted through open market purchases on the Tokyo Stock Exchange.

More about Mitsui OSKLines

Mitsui O.S.K. Lines, Ltd. is a prominent player in the shipping industry, primarily engaged in the transportation of goods across global waters. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its extensive fleet and comprehensive logistics services.

YTD Price Performance: 5.45%

Average Trading Volume: 5,429

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $13.34B

See more insights into 9104 stock on TipRanks’ Stock Analysis page.

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