Jardine Matheson share price ticks up on J36 as buybacks, CEO share purchase hit the tape
Jardine Matheson shares rose 0.9% to $74.69 in Singapore Thursday after the company repurchased 170,300 shares over two days and director Lincoln Pan bought 13,600 shares for $1 million. The group completed its buyout and delisting of Mandarin Oriental, with shareholders receiving £2.05 per share. Voting rights for Allan & Gill Gray Foundation and Orbis fell below 5%. The stock is up 9% year to date.
