Johnson Matthey Enhances Shareholder Value Through Share Buyback
Company Announcements

Johnson Matthey Enhances Shareholder Value Through Share Buyback

Johnson Matthey (GB:JMAT) has released an update.

Johnson Matthey Plc has repurchased 185,913 of its ordinary shares from Citigroup Global Markets Limited at an average price of 1,486.46p per share as part of its ongoing buyback programme. The company plans to cancel the purchased shares, potentially enhancing shareholder value by reducing the total number of shares outstanding.

For further insights into GB:JMAT stock, check out TipRanks’ Stock Analysis page.

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