SINGAPORE, Jan 24, 2026, 15:07 SGT — Market closed
- Shares of Jardine Matheson, listed in Singapore as J36, ended last session at $74.77, marking a 0.2% rise.
- Filings revealed new share buybacks on Jan. 22 and Jan. 23, with the repurchased stock set for cancellation.
- Attention now turns to whether buybacks will pick up again when Singapore markets reopen Monday.
Shares of Jardine Matheson Holdings Ltd edged up on Friday after the company revealed another tranche of share buybacks, maintaining focus on its ongoing repurchase plan ahead of the upcoming week. The stock finished at $74.77, gaining 0.2%. 1
Markets are closed for the weekend, leaving one key question: when trading picks back up, will the company continue to appear in the market? And can that steady demand keep the price hovering around $75?
Buybacks are significant since Jardine cancels the shares it repurchases, cutting the total share count. That can boost earnings per share over time, even if the business itself remains steady. Given the stock’s relatively light daily volume, the speed of these repurchases can influence trading action as well.
On Jan. 23, the company announced it had bought back 112,700 shares at prices around $74.71, with plans to cancel them. It also updated the share count used as the “denominator” for voting-rights calculations—a crucial figure for big shareholders monitoring disclosure thresholds. 2
Just one day prior, Jardine revealed it repurchased 50,000 shares at $74.6986 each, with plans to cancel them. 3
The repurchases fall under a plan announced in November to buy back up to $250 million worth of shares. Jardine described the move as “in line with the company’s capital allocation policy” and said the program is expected to continue through 2026. 4
Jardine is incorporated in Bermuda and primarily listed in London, with secondary listings in Bermuda and Singapore. 5
Friday saw only a modest shift, set against a stronger overall tone. The Straits Times Index in Singapore reached a new intraday high and ended the session at 4,891.45, climbing 1.31%. 6
But buybacks alone won’t turn around the operating outlook. Jardine’s holdings rely heavily on Asian property, retail, and autos. A fresh drop in consumer demand or another downturn in Hong Kong commercial real estate could easily overwhelm the boost from share repurchases.
Another straightforward risk: the company might slow or halt buybacks if markets get shaky or cash priorities change, leaving a lightly traded stock vulnerable when bids dry up.
As Singapore reopens Monday, investors will be eyeing if shares can stay above the mid-$74 range and if Jardine continues its buying spree. The next repurchase notice typically appears in filings after the session ends.
Macro factors could complicate things as well. The U.S. Federal Reserve’s policy meeting is set for Jan. 27–28, a key event that tends to influence Asia via interest rates and the dollar. 7
