Johnson Matthey’s Strategic Share Buyback Initiatives

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

Johnson Matthey has repurchased 171,709 of its ordinary shares from Citigroup Global Markets Limited as part of its ongoing buyback program. The shares were bought at an average price of 1,481.24 pence, with the company planning to cancel the repurchased shares. This move is part of Johnson Matthey’s strategy to enhance shareholder value.

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