APM Terminals – a little gem hiding in plain sight
A ‘blankety blank’ cheque book and pen…
“During the second phase of the program running from 26 September 2019 up to 28 February 2020, the company will buy-back A and B shares for an amount of up to DKK 3.3bn.” – AP Møller-Mærsk (APMM), 30 September 2019… + …”APMT might be looking to let go of one of its two container terminals at Rotterdam.” – Alphaliner, October 2019.
I touched upon the APMM capital deployment topic last week, but more importantly today: You may remember my “sympathy for the devil” coverage ...
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