Jardine to Buy Back $500 Million Shares, Seeks to Boost Returns

Jardine Matheson Holdings Ltd. will buy back $500 million of its own shares by the end of next year as the Hong Kong company lays out targets for its transformation from a long-term owner-operator into an active investor more akin to a private equity fund.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.