A.P. Moeller-Maersk confirms outlook, lifts buybacks by $5 billion over ’24, ’25

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By Dominic Chopping

A.P. Moeller-Maersk AS said Tuesday that current high demand, high freight rates and supply-chain disruptions will continue at least into the first quarter of 2022 as it confirmed full-year guidance and increased its share buyback program by $5 billion over the years 2024 and 2025.

Maersk also announced the acquisition…

This article was originally published by Marketwatch.com. Read the original article here.

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