Johnson Matthey (GB:JMAT) has released an update.
Johnson Matthey PLC, a company listed on the London Stock Exchange, has announced the purchase of 125,000 of its own ordinary shares at an average price of 1,544.40p per share through a buyback programme executed by Citigroup Global Markets Limited. The shares acquired on the 1st of October, 2024, will be cancelled as part of the company’s effort to return value to its shareholders. The share buyback initiative, which began on the 3rd of July, 2024, demonstrates the company’s commitment to managing its share capital effectively.
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