Maersk Investor Presentation Deck slide image

Maersk Investor Presentation Deck

Financial highlights New share buy back programme DKK 10bn or around USD 1.6bn share buy back to be initiated on the 1 December 2020 • The Board of Directors of A.P. Møller-Mærsk A/S (APMM) has decided to exercise the authority given at the Annual General Meeting in April 2019 of acquiring up to 15% of the share capital over two years to initiate a share buy-back programme of up to DKK 10 billion (around USD 1.6 billion) and a maximum of 3.12 million shares to be acquired over a period of up to 15 months. The authority expires in April 2021, hence a new a new authority needs to be obtained at the AGM in March 2021. • The share buy-back will be carried out in several phases. The first phase of the share buy-back programme of DKK 3.3 billion (~USD 500m) is expected to run from 1th of December 2020 until April 2021. The remaining part of the programme will be initiated after approval by the Annual General Meeting in March 2021 of the proposed prolongation of the authority to acquire own shares. ● 27 This will conclude the distribution associated with the sale of Maersk Oil and any further distribution to shareholders will come from the continuous business activities. Appendix Q3 2020 interim report MAERSK
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