Search
Close this search box.

JMMB Group Limited Share buyback

JMMB Group Limited (JMMBGL) write to notify you that the following JMMBGL ordinary shares were purchased on September 29, 2023, under the Company’s share buyback programme. Below are the information as follows.

Effective date of purchase Number of Ordinary Shares PurchasedAverage Price JA$
9/29/202327,94227.50
10/2/202322,05827.30
Total50,000

JMMBGL further advised as follows:

  1. The purpose of the purchase was to bolster shareholder value over time.
  2. The maximum intended repurchase is a total of JA$300,000,000.
  3. The source of funding was cash on our balance sheet.
  4. The shares were repurchased on the open market via our broker, JMMB Securities Limited.