Activist Elliott says Mitsui O.S.K.’s shareholder return plan falls short
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Fund sees ‘significant gap’ between Japanese shipping company and its peers
Mitsui O.S.K. Lines will introduce progressive dividends starting this fiscal year. (Photo by Masami Soga)
TOKYO — U.S. activist investor Elliott Investment Management criticized Mitsui O.S.K. Lines’ business plan on Wednesday, saying the Japanese shipping company “does not go far enough” in offering shareholder returns.
