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

Mitsui OSKLines ( (JP:9104) ) has provided an update.

Mitsui O.S.K. Lines, Ltd. announced the status of its ongoing share repurchase program, which was resolved by its Board of Directors. Between January 1 and January 31, 2025, the company repurchased 3,008,600 common shares valued at JPY 15.6 billion through open market transactions on the Tokyo Stock Exchange. This repurchase is part of a larger plan to buy back up to 30 million shares, representing 8.28% of its total issued shares, by October 2025, with a total potential outlay of JPY 100 billion. The repurchase initiative is likely to impact the company’s market positioning by potentially increasing shareholder value and improving equity liquidity.

More about Mitsui OSKLines

Mitsui O.S.K. Lines, Ltd. operates in the shipping and logistics industry, providing a broad range of maritime transportation services. It is listed on the Tokyo Stock Exchange Prime Market and focuses on global shipping and logistics solutions.

YTD Price Performance: -4.28%

Average Trading Volume: 2,804

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $12.29B

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