Discover How JMMB is Giving Back to Shareholders with Exciting Stock Buyback Program!

On a significant date, February 26, 2025, JMMB GL made a notable move by repurchasing shares, as detailed in the table below:

• Effective date of purchase: 26/02/2025
• Number of Ordinary Shares Purchased: 143,516
• Average Price JA$: 21.88

The total sum of shares bought amounted to 143,516 shares, costing approximately $3,139,337.39.

Expanding on this pivotal decision, JMMBGL shared additional insights:

1. Purposeful Buyback: The primary aim behind this purchase was to enhance shareholder value gradually. By investing in their own shares, JMMBGL aims to demonstrate confidence in their company’s worth and potential growth.
2. Maximum Repurchase Limit: JMMBGL has set a maximum threshold for repurchases at JA$300,000,000. This boundary serves as a strategic parameter for managing the buyback process efficiently and effectively.
3. Funding Source: The funds utilized for the repurchase were sourced from the cash reserves available on JMMBGL’s balance sheet. This approach ensures a responsible and sustainable financial strategy.
4. Market Repurchase Procedure: The shares were repurchased through the open market via JMMB Securities Limited, the company’s trusted broker. This method allows for transparent and regulated transactions, maintaining integrity in the buyback process.

This strategic move by JMMBGL signifies a commitment to long-term value creation and investor confidence. By repurchasing shares thoughtfully and responsibly, the company aims to strengthen its position in the market and foster a sense of trust among stakeholders. With a clear vision and prudent financial management, JMMBGL is poised for continued growth and success in the future.