A.P. Møller - Mærsk A/S Executes Share Buy-Back Transactions
News related to:A.P. Møller - Mærsk A/S · 1 min read
A.P. Møller - Mærsk A/S has announced a series of transactions under its ongoing share buy-back program, aimed at reducing the number of shares in circulation. The Danish shipping and oil and gas company initiated the program on February 5, 2026, with the goal of repurchasing shares worth up to DKK 6.3 billion (approximately USD 1 billion) over a period of 12 months. The program's second phase, set to run from August 13, 2026, to January 29, 2027, is focused on acquiring shares with a total market value of DKK 3.15 billion (around USD 500 million).
In the week of August 31 to September 4, 2026, A.P. Møller - Mærsk A/S executed several transactions as part of the buy-back program. According to the company, A.P. Møller og Hustru Chastine McKinney Møller Familiefond (the Foundation) participated in these transactions on a pro rata basis, as per a separate agreement. As a result of these transactions, A.P. Møller - Mærsk A/S now holds a total of 42,948 A shares and 240,832 B shares as treasury shares, representing approximately 1.93% of the company's share capital.
The share buy-back program is governed by the EU Commission Regulation No. 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the "Safe Harbour Regulation"). The transactions conducted in the specified period are detailed in the company's weekly transaction report.
Throughout the program, A.P. Møller - Mærsk A/S aims to optimize its capital structure and enhance shareholder value. The company's actions are part of a broader strategy to streamline its balance sheet and improve financial flexibility. As the program progresses, the company will continue to update its stakeholders on the progress and results of the share buy-back initiative.
The transactions under the share buy-back program reflect the company's commitment to managing its capital prudently and addressing the needs of its shareholders. The program is expected to conclude by the end of January 2027, with the company poised to provide further updates as the process nears its completion.