単語の境界を維持しながらマルチバイト文字列を正確に切り詰めるにはどうすればよいですか?

function truncate($string, $chars = 50, $terminator = ' …') {
    // Calculate the maximum length considering the terminator
    $max_length = $chars - mb_strlen($terminator);

    // Short circuit for strings shorter than the maximum length
    if (mb_strlen($string) <= $max_length) {
        return $string;
    }

    // Find the last space character within the maximum length
    $last_space_index = mb_strrpos($string, ' ', $max_length);

    // Cut the string at the last space or at the maximum length if no last space is found
    $truncated_string = (false !== $last_space_index)
        ? mb_substr($string, 0, $last_space_index)
        : mb_strimwidth($string, 0, $chars);

    // Append the terminator
    $truncated_string .= $terminator;

    return $truncated_string;
}

$in = "Answer to the Ultimate Question of Life, the Universe, and Everything.";
$out = truncate($in, 50, ' …');

echo $out; // "Answer to the Ultimate Question of Life, the …"