Jardine Matheson Holdings (SG:J36) has released an update.
Jardine Matheson Holdings Limited has announced the repurchase and subsequent cancellation of 161,900 of its ordinary shares on April 18, 2024, with the prices per share ranging from US$36.18 to US$36.9. Following the repurchase, the company’s issued share capital consists of 287,442,507 ordinary shares with voting rights. This share repurchase activity could potentially signal a strategic move to optimize share value and shareholder returns.
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