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Mitsui O.S.K. Lines Reports Progress on Share Buyback Program
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Mitsui O.S.K. Lines Reports Progress on Share Buyback Program

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

Mitsui O.S.K. Lines, Ltd. announced the progress of its share repurchase program, revealing that it has repurchased 3,800,800 common shares worth JPY 19,674,021,300 from December 1 to December 31, 2024. This initiative, aligned with a resolution from the October 31, 2024 Board of Directors meeting, demonstrates the company’s strategic approach to enhancing shareholder value and optimizing capital structure, with a total of 8,336,200 shares bought back since the commencement of the program.

More about Mitsui OSKLines

Mitsui O.S.K. Lines, Ltd. is a prominent company in the shipping and logistics industry, primarily offering ocean transport services, including bulk carriers, tankers, and container ships. It is listed on the Tokyo Stock Exchange Prime Market, indicating its significant market presence and focus on delivering comprehensive maritime services globally.

YTD Price Performance: 0.16%

Average Trading Volume: 4,850

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $12.65B

For detailed information about 9104 stock, go to TipRanks’ Stock Analysis page.

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