MITSUI O.S.K. COMPLETES SHARES PURCHASE PLAN
Mitsui O.S.K. Lines has completed the repurchase of 24 million of its own shares.
The Japanese group said that, in line with a recent decision of its board of directors, it has bought back 24 million shares, representing about 1.95 percent of the shares issued, for 5.3 billion yen ($50 million).
MOL cited its shareholder-oriented management policy, the business environment, and other factors as reasons for the share repurchase.