Danish shipping giant AP Moller-Maersk is moving into the third phase of its huge $1.5bn share buyback.
The Nasdaq Copenhagen-listed boxship specialist said it will seek to repurchase another DKK 2.4bn ($367m) of its stock through to July.
The idea of the buybacks is to adjust the capital structure of the company and to be able to meet obligations to bosses under long-term incentive programmes.
