dividend
confidence high
sentiment positive
materiality 0.70
Matson adds 3M shares to buyback, extends program to 2029; declares $0.36 Q2 dividend
Matson, Inc.
- Board approved 3 million additional shares to existing repurchase program, extending it to December 31, 2029.
- As of April 23, 2026, approximately 0.7 million shares remained under the existing buyback authorization.
- Second quarter dividend of $0.36 per common share declared, payable June 4, 2026 to holders of record May 7, 2026.
- Since August 2021, Matson has repurchased ~14.3 million shares (~33% of then-outstanding) for $1.3 billion.
- Company continues to pursue disciplined, opportunistic capital allocation to return excess cash to shareholders.