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Jardine Matheson's top executives buy shares; HRnetGroup steps up share buyback

The Edge Singapore
The Edge Singapore6/23/2022 12:33 PM GMT+08  • 4 min read
Jardine Matheson's top executives buy shares; HRnetGroup steps up share buyback
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John Witt, group managing director of Jardine Matheson Holdings, has increased his stake in the company. On June 17, Witt acquired 50,000 shares of the company on the open market for US$2.5 million ($3.46 million) in total, or US$50.06 each, according to a June 20 regulatory filing.

Witt joined the Hong Kong-based conglomerate back in 1993. From 2016, he was Jardine’s group finance director, before assuming his current role in June.

Graham Baker, who succeeded Witt as group finance director, also increased his stake in the company. On May 11, Baker acquired 564 shares for US$52.77 each. Most recently on June 15 and 16, he again acquired 7,500 shares open market on both days at US$53.056 each, costing him in total US$802,769.

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