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IN BRIEF: Jardine Matheson begins $500 million buyback scheme

ALN

Jardine Matheson Holdings Ltd - Hong Kong-based holding company founded in 1832 with interests in retail, property, hotels and motor dealerships - Completes its $250 million buyback scheme announced back in November, and starts its new, up to $500 million scheme announced at its investor day on Tuesday last week. Expects the new buyback programme to run until the end of next year.

Current stock price in Singapore: $63.41, closed up 1.8% on Thursday

12-month change: up 35%

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