Proposed Share Buyback

Summary by AI BETAClose X

Jardine Matheson Holdings Limited announced a share buyback program intending to return up to US$250 million to its shareholders. The company will repurchase its ordinary shares in accordance with the Bermuda Companies Act and its constitution. Details of repurchases will be disclosed via regulatory announcements and on the company's website, with any repurchased shares being cancelled. The buyback aligns with the Jardine Matheson Group's capital allocation policy and is expected to be completed during 2026.

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