Maersk Has ‘Significantly’ More Long-Term Contracts, CEO Says

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  • Bloomberg Markets and Finance published this video item, entitled “Maersk Has ‘Significantly’ More Long-Term Contracts, CEO Says” – below is their description.

    May.05 — A.P. Moller-Maersk A/S CEO Soren Skou discusses the container line’s financial results, share buyback plan and the long-term impact of the Suez Canal blockage. He speaks with Bloomberg’s Anna Edwards and Mark Cudmore on “Bloomberg Markets: European Open”.

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    In This Story: Share buyback

    A share buyback or share repurchase is the re-acquisition by a company of its own shares. It represents a way of returning money to shareholders, in addition to dividends.

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