Matson (MATX) Expands Stock Buyback by 3M Shares

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MATSON ANNOUNCES ADDITION OF 3 MILLION SHARES TO EXISTING SHARE REPURCHASE PROGRAM

August 23, 2022 4:10 PM UTC

HONOLULU, Aug. 23, 2022 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, approved adding three million shares, or approximately eight percent of outstanding common shares, to the existing six million share repurchase program. As of August 22, 2022, the existing share repurchase program had approximately 0.5 million shares remaining. 

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