Jardine Matheson Holdings Limited has announced that two of its directors, John Witt and Graham Baker, have acquired a significant number of ordinary shares in the company. John Witt acquired 48,000 ordinary shares at a price of US$34.294521 per share, with an aggregated price of US$1,646,137.01. Graham Baker acquired 31,700 ordinary shares at a price of US$34.743533 per share, with an aggregated price of US$1,101,370. Both transactions took place on the 2nd of July 2024 at the Singapore Exchange (XSES).
These acquisitions are considered significant as they reflect the confidence and investment of the company's own directors in the future prospects of Jardine Matheson Holdings Limited. This news may also indicate a positive outlook for the company's performance and potential growth, as the directors are showing their commitment and belief in the company's long-term success.