STOCKS | Jardine Matheson Completes $250 Million Buyback, Starts New $500 Million Plan

Jardine Matheson Holdings (J36) said it has completed the $250 million share buyback program announced on November 3 last year and has begun a new $500 million share repurchase plan announced on June 16 this year, according to Ming Pao. The company said all shares repurchased under the programs will be canceled. It expects the new buyback plan to be completed by the end of 2027 and said it is in line with the group’s capital allocation policy.