DFDS has launched a new share buyback programme and increased its dividend following an improved performance in the second quarter.
The Danish ferry owner intends to repurchase shares worth up to DKK 350m ($53.3m), between today and 6 February 2017.
DFDS also said a planned August dividend had been increased from DKK 2 to DKK 3 per share.
The company posted a net profit of DKK 424m in the second quarter, an improvement from DKK 262m a year ago.
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