Everybody in the logistics arena expects DSV to strike a deal sooner rather than later, and while I have looked at alternative options in recent weeks, its buyback programme is significantly more interesting nowadays – and it is slowing down.

As broader market volatility surges (see the chart above), for the first time in weeks the Danish transport behemoth has not bought back shares for three days in a row, as the table below shows.

That’s a sensible decision financially, right?

Now look at ...

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