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Johnson Matthey ( (GB:JMAT) ) has provided an update.
Johnson Matthey Plc has announced the repurchase of 286,286 of its ordinary shares as part of its ongoing buyback program. This move, facilitated by Citigroup Global Markets Limited, is part of a strategic initiative to optimize the company’s capital structure, potentially enhancing shareholder value by reducing the number of shares outstanding.
More about Johnson Matthey
Johnson Matthey Plc operates in the chemicals and sustainable technologies industry, offering products and services that focus on clean air, improved health, and efficient use of natural resources. The company is known for its expertise in catalysis, precious metals, chemicals, and process technology, with a market focus on sustainability and innovation.
YTD Price Performance: -12.94%
Average Trading Volume: 763,995
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.38B
See more data about JMAT stock on TipRanks’ Stock Analysis page.