Matson, Inc. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS ​ (c) Purchases of Equity Securities by the Issuer and Affiliated Purchases. ​ The following is the summary of Matson shares that were repurchased under the Company’s share repurchase program during the three months ended June 30, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of Maximum Number ​ ​ ​ ​ ​ ​ ​ Shares Purchased ​ of Shares that May ​ ​ Total Number of ​ ​ ​ ​ as Part of Publicly ​ Be Purchased ​ ​ Shares ​ Average Price ​ Announced Plans or ​ Under the Plans or Period ​ Purchased ​ Paid Per Share ​ Programs (1) ​ Programs April 1 – 30, 2023 187,013 $ 61.73 ​ 187,013 ​ 3,693,358 ​ May 1 – 31, 2023 235,509 ​ $ 67.87 235,509 ​ 3,457,849 ​ June 1 – 30, 2023 195,138 ​ $ 74.10 195,138 ​ 3,262,711 ​ Total 617,660 ​ $ 67.98 617,660 ​ ​ ​ (1) On June 24, 2021, the Company announced that Matson’s Board of Directors had approved a share repurchase program of up to 3.0 million shares of common stock from August 3, 2021 through August 2, 2024. On January 27, 2022, the Company’s Board of Directors approved an addition of 3.0 million shares to the Company’s existing share repurchase program. On August 23, 2022, the Company’s Board of Directors approved an addition of 3.0 million shares to the Company’s existing share repurchase program. On April 27, 2023, the Company’s Board of Directors approved an addition of 3.0 million shares to the Company’s existing share repurchase program, for a total of 12.0 million shares of common stock in the program since it was established, and extended the program to December 31, 2025. Shares will be repurchased in the open market from time to time, and may be made pursuant to a trading plan in accordance with Rule 10b5-1 of the Security Exchange Act of 1934. ​ ITEM 3. DEFAULTS UPON SENIOR SECURITIES ​ None. ​ ITEM 4. MINE SAFETY DISCLOSURES ​ None. ​