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Johnson Matthey ( (GB:JMAT) ) has shared an update.
Johnson Matthey Plc announced the repurchase of 221,551 of its ordinary shares as part of a share buyback program initiated in July 2024. The purchase, conducted through Citigroup Global Markets Limited, involved an average price of 1,395.07 pence per share, and the acquired shares will be cancelled, indicating the company’s efforts to enhance shareholder value and optimize capital structure.
More about Johnson Matthey
Johnson Matthey Plc is a company listed on the London Stock Exchange, known for its operations in various sectors including sustainable technologies and chemicals. The company engages in the production of catalysts, precious metals, and advanced materials, with a focus on sustainability and innovation.
YTD Price Performance: -14.06%
Average Trading Volume: 768,110
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.34B
See more insights into JMAT stock on TipRanks’ Stock Analysis page.
