11th Aug 2026 12:04
Johnson Matthey PLC - Royston, Hertfordshire-based speciality chemicals maker - At a general meeting, shareholders 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 in July. The return will be accompanied by a four-into-three share consolidation, effective next week Monday.
Current stock price: 2,178.00 pence each, down 0.1% on Tuesday around noon in London
12-month change: up 23%
By Tom Budszus, Alliance News slot editor
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