Most recently on Jan 3, Jumbo also bought back 100 shares at 30 cents each amid low trading volume. This brings the total number of shares bought back under the current mandate to 500,200 units or 0.0779% of the total.
Jumbo Group, the operator of a chain of F&B outlets ranging from high-end seafood restaurants to stalls in coffee shops, has been buying back its shares steadily.
On Aug 22, Jumbo bought back shares for the first time under the current mandate, acquiring 34,500 shares for 26.5 cents each. Last month, the company stepped up its buyback programme despite higher share prices. For example, Jumbo acquired 125,000 shares and 50,100 shares on Dec 28 and 30 respectively, both at 30 cents.
