Previous Close | 1,603.00 |
Open | 1,603.00 |
Bid | 1,623.00 x 0 |
Ask | 1,679.50 x 0 |
Day's Range | 1,603.00 - 1,603.00 |
52 Week Range | 1,510.00 - 3,002.00 |
Volume | |
Avg. Volume | 1 |
Market Cap | 27.398B |
Beta (5Y Monthly) | 1.30 |
PE Ratio (TTM) | 1.26 |
EPS (TTM) | 1,273.03 |
Earnings Date | N/A |
Forward Dividend & Yield | 268.48 (17.16%) |
Ex-Dividend Date | Mar 29, 2023 |
1y Target Est | N/A |
Announcement A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program On 5 May 2021, A.P. Møller - Mærsk A/S (the “Company”) announced a share buy-back program of up to DKK 32bn (around USD 5bn) to be executed over a period of two years. On 12 August 2022 the Company announced an increase in the current share buy-back program from DKK 32bn (around USD 5bn) to DKK 39.3bn (around USD 6bn). As announced on 4 May 2023, during the fourth phase of the program running from 8 May
It's among the world's busiest container shipping routes — a stream of vessels packed with furniture, automobiles, clothing and other goods, traversing the Pacific between Los Angeles and Shanghai. If plans succeed, this corridor will become a showcase for slashing planet-warming carbon emissions from the shipping industry, which produces nearly 3% of the world's total. The International Maritime Organization, which regulates commercial shipping, wants to halve its greenhouse gas releases by midcentury and may seek deeper cuts this year.
Global production of shipping containers has fallen significantly as demand for goods sank following the easing of pandemic restrictions, leaving the corrugated steel boxes piled up at major ports. Figures provided to the Financial Times by Drewry, a maritime research consultancy, show that production of 20-foot equivalent units — the industry’s standard size for a container — fell 71 per cent from 1.06mn to 306,000 between the first quarter of 2022 and the same period this year. The decline marks a sharp reversal from two years ago, when container manufacturing boomed in response to a pandemic-induced surge in demand for physical goods which led to a shortage of the rectangular boxes.
Zim outperformed competitors on the way up and is falling faster than other carriers on the way down. The post Shipping line Zim gets hammered by high spot-rate exposure appeared first on FreightWaves.
ZIM Integrated Shipping Services, Sun Country Airlines, and Evolv Technologies lead for value, growth, and momentum, respectively.
Q1 2023 TMC the metals company Inc Earnings Call
In connection with the announced share buy-back program in A.P. Møller - Mærsk A/S, A.P. Møller Holding A/S continuously sells shares pro rata and the market is to be informed accordingly – see the attached file. Attachment APMM Share buy-back APMH sale 09052023
America’s imports are not signaling a recession, at least not yet. Inbound volumes are rising from the bottom. The post US imports up again in April as market mirrors pre-COVID ‘normal’ appeared first on FreightWaves.
ANNOUNCEMENT A.P. Møller - Mærsk A/S – Initiates fourth phase of share buy-back program As announced on 5 May 2021, A.P. Møller - Mærsk A/S (the “Company”) has decided to launch a share buy-back program of up to DKK 32 billion (around USD 5 billion) to be executed over a period of two years. On 12 August 2022 the Company announced an increase of the share buy-back program from DKK 32 billion (around USD 5 billion) to DKK 39.3 billion (around USD 6 billion). The third phase, which started on 3 No
Inventory destocking is the biggest container shipping headwind, says Maersk. Its data shows no evidence of inventory pressures alleviating yet. The post Maersk: Downturn on predicted course, liners acting ‘rationally’ appeared first on FreightWaves.
Shipping group Maersk on Thursday reported first-quarter earnings above expectations and maintained its 2023 profit guidance as it expects a recent drop in demand for container shipments to stabilize around mid-year. Maersk, which transports goods for retailers and consumer companies such as Walmart, Nike and Unilever, said the number of containers it loaded onto ships between January and March fell by 9% from a year earlier, while freight rates fell by 37% on average. "We delivered a solid financial performance in a challenging market with lower demand caused by continued destocking," Chief Executive Vincent Clerc said in a statement.
The Interim Report for the 1st Quarter 2023 for A.P. Møller - Mærsk A/S is hereby enclosed. CEO of A.P. Møller - Mærsk A/S, Vincent Clerc, states: “We delivered a solid financial performance in a challenging market with lower demand caused by a continued destocking. Visibility remains low for the remainder of the year and moving through this market normalisation, we remain focused on proactively managing costs. As we adjust to a radically changed business environment, we continue to support our
ZIM Integrated Shipping Services, Kirby Corp., and Ardmore Shipping are the top performers for value, growth, and momentum, respectively.
Articles of Association as adopted at the Annual General Meeting on 28 March 2023 are hereby enclosed. Pursuant to item J.3. on the agenda about capital decrease, updated Articles of Association will be sent after expiry of the creditors’ notification period. Attachment Articles of Association 28.03.2023 (temporary)
Announcement A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program On 5 May 2021, A.P. Møller - Mærsk A/S (the “Company”) announced a share buy-back program of up to DKK 32bn (around USD 5bn) to be executed over a period of two years. On 12 August 2022 the Company announced an increase in the current share buy-back program from DKK 32bn (around USD 5bn) to DKK 39.3bn (around USD 6bn). As announced on 3 November 2022, during the third phase of the program running from 3
When the November collapse of FTX, once the second-largest cryptocurrency exchange in the world, led to a plunge in virtual asset prices and shook the industry through a series of cascading business failures, some Web3 evangelists promised this was just growing pains for a blockchain-based future internet that extends far beyond digital currencies. Then another bombshell came a couple of weeks later, when Maersk and IBM announced they were discontinuing the TradeLens blockchain network. Supply c
ZIM Integrated Shipping Services, Concrete Pumping Holdings, and Ardmore Shipping lead for value, growth, and momentum, respectively.
The Danish firm sold off its oil and gas business, instead focusing on making its shipping business more sustainable.
This month's list of top dividend stocks consists of Latin American oil and gas companies like Petroleo Brasileiro S.A. Petrobras (PBR) and Ecopetrol SA (EC), as well as Israeli shipping firm ZIM Integrated Shipping Services Ltd. (ZIM). Dividend-paying companies tend to be well-established, with stable earnings and a track record of distributing a portion of them to shareholders in the form of cash or additional stock. One useful measure to gauge the sustainability of a company's dividend payments is the dividend payout ratio (DPR), which measures total dividends divided by net income.
ANNOUNCEMENT A.P. Møller - Mærsk A/S - Development of the Annual General Meeting on Tuesday 28 March 2023 The Annual General Meeting of A.P. Møller - Mærsk A/S took place on Tuesday 28 March 2023 as a completely electronic general meeting in accordance with the below agenda. The Board of Directors had appointed Niels Kornerup, attorney-at-law, as Chairman of the meeting. Agenda Conduct of the Annual General Meeting in English with simultaneous interpretation to and from Danish. The General Meeti
Q4 2023 ZIM Integrated Shipping Services Ltd Earnings Call
Date of the transaction corrected to 2 March 2023. In connection with the announced share buy-back program in A.P. Møller - Mærsk A/S, A.P. Møller Holding A/S continuously sells shares pro rata and the market is to be informed accordingly – see the attached file. Attachment APMM Share buy-back APMH sale_02032023
We hereby convene the Annual General Meeting 2023 of A.P. Møller - Mærsk A/S on Tuesday 28 March 2023 at 3.00 p.m. The Annual General Meeting will be held as a completely electronic general meeting. Agenda and further documents can be found on the website: investor.maersk.com. Contact person: Head of Board Secretariat, Anne Pindborg, tel.: +45 33 63 36 61 Attachments Notice convening the Annual General Meeting Board members for election Appendix 1 - Remuneration Report Appendix 2 - Remuneration
ANNOUNCEMENT A.P. Møller - Mærsk A/S – Proposal for election of new member for the Board of Directors At the Annual General Meeting which will be held on 28 March 2023, the Board proposes that Kasper Rørsted is elected as new member of the Board of Directors. Kasper Rørsted (born 1962) is a Danish national. He has experience as CEO and Board member from listed, international companies in IT, consumer goods and chemicals. He is former CEO of Adidas AG and Henkel KGaA and serves as board member in
Maersk has almost fully exited Russia.