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Stock impact report

MATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM [Yahoo! Finance]

Matson, Inc. (MATX) 
Last matson, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.matson.com/investor-relations
Company Research Source: Yahoo! Finance
three million shares to the existing twelve million share repurchase program and extending the program to December 31 , 2027. As of February 26, 2025 , the existing share repurchase program had 0.5 million shares remaining. Matson Logo. (PRNewsFoto/Matson) "We are pleased to announce an additional three million shares to our existing share repurchase program," said Matt Cox , Matson's Chairman and Chief Executive Officer. "Since we commenced our share repurchase program in August 2021 , we have repurchased 11.5 million shares for approximately $1.0 billion . Going forward, we will continue to be both disciplined and opportunistic in our capital allocation, and we remain committed to returning excess cash to shareholders to create additional shareholder value over the long-term." Shares will be repurchased in the open market from time to time at the Company's discretion, based on ongoing assessments of the capital needs of the business, the market price of its common shares and g Show less Read more
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