MATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM AND QUARTERLY DIVIDEND OF $0.36 PER SHARE
Matson's Board approved adding three million shares to its existing share repurchase program and extended the authorization window to December 31, 2029. The addition expands the program significantly, as only approximately 0.7 million shares remained under the previous authorization. The Board also declared a quarterly dividend of $0.36 per common share, payable on June 4, 2026 to shareholders of record as of May 7, 2026.
Key figures
- Dividend per share
- 0.36
- Shares added to authorization
- 3000000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.