Matson boosts share buyback by 3M shares, extends program to 2029, and declares $0.36 dividend.

Matson, Inc. announced it is adding three million shares to its share repurchase program and extending the program through December 31, 2029. The company has repurchased about 14.3 million shares since 2021, returning significant capital to shareholders. Additionally, Matson declared a second-quarter dividend of $0.36 per share, payable June 4, 2026. These moves reflect Matson's commitment to disciplined capital allocation and enhancing shareholder value over the long term.