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Johnson Matthey Enhances Shareholder Value with Buyback

Johnson Matthey Enhances Shareholder Value with Buyback

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

Johnson Matthey has repurchased 251,708 of its ordinary shares on the London Stock Exchange through Citigroup as part of its ongoing buyback program. The shares were bought at prices ranging from 1,333.00p to 1,483.00p, with an average price of 1,375.26p. This move is expected to enhance shareholder value by reducing the number of shares in circulation.

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

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