other material
confidence high
sentiment positive
materiality 0.65
Matson adds 3M shares to repurchase program, extends to 2025, declares $0.31 dividend
Matson, Inc.
- Board added 3 million shares to existing 9M share repurchase program, extending to Dec 31, 2025.
- Existing program had ~0.7M shares remaining as of Apr 26, 2023.
- Since Aug 2021, Matson repurchased ~8.3M shares for ~$650M.
- Quarterly dividend declared $0.31/share, payable June 1, 2023 to record May 11, 2023.