Shipping giant Maersk suspends share buybacks amid Red Sea disruption, flags 2024 earnings uncertainty

Shipping giant Maersk suspends share buybacks amid Red Sea disruption, flags 2024 earnings uncertainty

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LONDON — Danish shipping giant Maersk on Thursday flagged "high uncertainty" in its 2024 earnings outlook as Red Sea disruptions continued to weigh on the industry. The company also said that it would be suspending share buybacks on the back of the uncertainty. Maersk said it expected underlying…

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