Jardine Matheson, having spent nearly US$250 million to buy back shares over the last two months, plans to allocate another US$250 million to do the same by next June.

The company’s current share buy back programme first commenced on Sept 30. According to Jardine Matheson in its Dec 8 announcement, it has already spent nearly US$250 million to buy back and cancel those shares.

The most recent buying was earlier on Dec 8, with 33,000 shares bought back at prices ranging between US$54.01 and US$54.5.

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