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Name | Symbol | Market | Type |
---|---|---|---|
AP Moller Maersk AS (PK) | USOTC:AMKBY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.233 | 3.17% | 7.593 | 7.58 | 7.60 | 7.67 | 7.39 | 7.60 | 155,442 | 18:01:53 |
By Dominic Chopping
Danish conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Tuesday it is initiating the second phase of its previously announced share buy-back program.
The company said in August that it was initiating a 6.7 billion Danish kroner ($950.6 million) share buy-back program during a 12 month period.
The first phase, which started 1 September 2015, has just been completed. The second phase of the program will run from 1 December 2015 to 31 March 2016.
The company has appointed Handelsbanken as lead manager for the second phase of the share buy-back. Handelsbanken will make own trading decisions independently of and without influence from the Company and within the announced limits.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @domchopping @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
December 01, 2015 03:56 ET (08:56 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
1 Year AP Moller Maersk AS (PK) Chart |
1 Month AP Moller Maersk AS (PK) Chart |
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