Jardine Matheson Holdings (SG:J36) has released an update.
Jardine Matheson Holdings Limited (JMH) has recently completed a repurchase of 105,100 of its own shares on April 16th, 2024. The shares, bought at prices ranging from US$34.92 to US$35.87, will be cancelled, subsequently reducing the number of outstanding shares. This move could indicate a strategic effort to manage the company’s equity and could affect shareholder value.
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