27th Jul 2026 08:50
Johnson Matthey PLC - London-based speciality chemicals maker - Calls general meeting for August 11 to approve the company's previously announced plan to return GBP1 billion to shareholders by means of a GBP800 million special dividend and a GBP200 million share buyback. The special dividend will be worth 476.5 pence per share. The return represents most of the proceeds from Johnson Matthey's sale of its Catalyst Technologies business to Honeywell International Inc for an enterprise value of GBP1.33 billion, which was completed earlier this month. The return will be accompanied by a four-into-three share consolidation, effective August 17.
Current stock price: 1,925.00 pence
12-month change: up 6.0%
By Tom Waite, Alliance News editor
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