In October, Astra and United Tractors announced share buyback programmes of up to US$120 million ($156.98 million) each. In October, Astra and United Tractors both announced share buyback programmes of up to US$120 million each.
In its interim statement for 3QFY2025, Jardine Matheson Holdings says that the company’s portfolio in the third quarter was in line with expectations at the half year, with profit guidance for the full year remaining unchanged.
Astra, the group’s Indonesian company, reported flat revenue and a “modest” decrease in underlying profit for 3QFY2025. There was stronger performance from Astra’s financial services, motorcycle and infrastructure businesses offset in part by lower contributions from coal mining.
