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      "text": "In 3Q22, repurchased ~1.1 million shares for a total cost of $88.4 million.",
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      "text": "Continue to make progress in the evaluation of three new vessels for either the CLX or Alaska service. Estimated total cost of new vessel program ~$1 billion. Contributed $565.0 million in cash to Capital Construction Fund to fund new vessel program.",
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      "text": "Matson's differentiated ocean services performed well in 3Q22, but the Company achieved lower year-over-year consolidated operating income. Lower demand for expedited ocean services in the Transpacific tradelane compared to the high levels of freight demand during the pandemic in the year ago period.",
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      "text": "Ocean Transportation: Our CLX, CLX+ and CCX services achieved lower year-over-year volumes which contributed to the decline in our consolidated operating income. Higher year-over-year volume in Alaska service; lower volumes in Hawaii and Guam services compared to year ago period.",
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      "text": "Prepaid ~$50.4 million in outstanding principal on long-term debt",
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