Mitsui O.S.K. Lines Ltd
TSE:9104
Mitsui O.S.K. Lines Ltd's latest stock split occurred on Mar 30, 2022
The company executed a 3-for-1 stock split, meaning that for every share held, investors received 3 new shares.
Before the split, Mitsui O.S.K. Lines Ltd traded at 10339.9994 per share. Afterward, the share price was about 2735.9915.
The adjusted shares began trading on Mar 30, 2022. This was Mitsui O.S.K. Lines Ltd's 2nd stock split, following the previous one in Sep 27, 2017.
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Mitsui O.S.K. Lines Ltd
Glance View
Mitsui O.S.K. Lines Ltd., often abbreviated as MOL, is a storied name in the maritime industry, tracing its origins back to the late 19th century. This venerable Japanese shipping giant has navigated through the ebbs and flows of global trade, evolving with the tides of industrial progress and technological innovation. Operating a diverse fleet of vessels, MOL engages in various facets of marine transportation, including container ships, dry bulk carriers, tankers, and liquefied natural gas ships. The company strategically capitalizes on its extensive network routes, connecting pivotal ports worldwide, thus facilitating the global movement of goods with efficiency and reliability. MOL's operations exemplify a blend of tradition and modernity, with a continued emphasis on safety, environmental stewardship, and technological advancement. The business model of MOL spins a complex web of interlinked services predominantly generated through freight charges for transporting goods. Revenue streams are fortified by contracts of affreightment across different sectors, complemented by the dynamic chartering of its vessels to third parties. The company's versatility enables it to cater to a wide array of market demands — from the transportation of bulk commodities like coal and grain to specialized LNG carriers addressing the energy sector's unique needs. Moreover, MOL has been investing in digitalization and green technologies in response to the shipping industry's push towards decarbonization. By continually adapting its services and fleet to meet changing client requirements and regulatory standards, MOL ensures robust financial health while positioning itself as a crucial cog in the machinery of global commerce.
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