News / In the value hunt, DSV is still targeting DSV

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Of all the capital deployment tools at its disposal, Danish forwarder DSV is still intent on shrinking its share count instead of growing inorganically via deal-making or rewarding shareholders with higher dividends.

Meanwhile, a useful recap: its recent announcement of the NEOM JV in Saudi Arabia, combined with news of the (late 2024) departure of CEO Jens Bjørn Andersen, has contributed to stock market weakness and value destruction*, as investors wonder what could be next for the M&A-focused forwarder.

(*At its existing ...