Jardine Matheson Holdings Limited stock price: Buyback and insider buying set up the next trade
Jardine Matheson closed down 0.6% at US$72.77 in Singapore Friday after disclosing a 60,000-share buyback and a director’s US$1 million stock purchase. The company will cancel the repurchased shares, reducing issued capital to about 294.5 million. Full-year results are due March 10.