SGX:J36Industrials
Jardine Matheson (SGX:J36) Share Buyback Sparks Fresh Look at Company Valuation
Jardine Matheson Holdings (SGX:J36) just repurchased and cancelled 194,000 of its ordinary shares. This move typically points to active capital management and may hint at the company’s confidence in its future prospects.
See our latest analysis for Jardine Matheson Holdings.
That buyback comes on the heels of a remarkable run for Jardine Matheson’s investors, with the share price climbing 50.95% year-to-date and the 1-year total shareholder return sitting at an impressive 59.83%. Momentum has...