Transactions in connection with share buy-back program

What happened

A.P. Møller - Mærsk announced a share buy-back program of up to DKK 6.3bn, around USD 1bn, over 12 months. The second phase runs from 13 August 2026 to 29 January 2027, limited to DKK 3.15 billion, around USD 500m.

Confirmed

Global impact / market context

Buying back shares reduces the number of shares available, which can raise profit per share for remaining holders. The DKK 3.15 billion phase cap limits how much cash the company commits, preserving cash available for operations and capital spending.

Analyst inference

The program runs under EU market abuse rules and the Safe Harbour Regulation, which means it follows preset legal conditions instead of reacting to daily news. Reported purchase figures show steady execution, letting investors track how quickly the company uses its approved buy-back amount.

Analyst inference

What to watch

1. Second phase runs 13 August 2026 to 29 January 2027, limited to a total market value of DKK 3.15 billion, around USD 500m, so the pace of buying matters. Confirmed
2. Watch whether the company keeps buying A shares at average prices near those reported for 19 to 23 October 2026, since those weekly trades show the recent price range. Proposed
3. Track accumulated purchases against the DKK 3.15 billion cap; slower buying could signal less spare cash, while faster buying could reduce shares sooner than expected. Analyst inference

Evidence

• globenewswire.com