---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-013893"
form_type: "8-K"
ticker: "MATX"
cik: "0000003453"
company_name: "Matson, Inc."
filed_at: "2022-08-23T23:59:59+00:00"
generated_at: "2026-06-23T22:04:44.678029+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Matson adds 3M shares (~8% of outstanding) to existing share repurchase program

## Summary
- Board approved adding 3M shares to existing 6M program; total authorized becomes 9M shares.
- As of Aug 22, 2022, ~0.5M shares remained under the prior repurchase authorization.
- Since program began Aug 2021, Matson repurchased ~5.5M shares for ~$465M.
- Repurchases will occur in open market at company discretion; may use Rule 10b5-1 plans.
- CEO states commitment to returning excess cash to shareholders to create long-term value.

## SEC filing metadata
- accession: 0001558370-22-013893
- form_type: 8-K
- ticker: MATX
- cik: 0000003453
- company_name: Matson, Inc.
- filed_at: 2022-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3453/000155837022013893/0001558370-22-013893-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3453/000155837022013893/matx-20220823x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-013893
- JSON: https://secwatch.observer/filing/0001558370-22-013893.json
- Plain text: https://secwatch.observer/filing/0001558370-22-013893.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.