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UPDATE: Jardine Matheson Director Buys Another USD700,000 In Shares

26th Nov 2019 15:35

(Alliance News) - Jardine Matheson Holdings Ltd said Tuesday that Director Alex Newbigging bought 12,000 shares on Monday, spending just under USD700,000.

The purchase in Singapore in a single transaction at USD58.269 per share is Newbigging's second in as many trading sessions. The stock was quoted in London on Tuesday at USD56.99, down 0.3% on the day.

On Friday, Newbigging had bought just under USD580,000 worth of shares in the Hong Kong-based conglomerate. Newbigging bought 10,000 shares at USD57.971 each.

Jardine Matheson didn't say how may shares in total Newbigging holds following the two recent acquisitions, worth USD1.3 million in total.

By Tom Waite; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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