Qantas's Switch to Share Buyback Surprises Bull -- Market Talk

Dow Jones

02/26

0149 GMT - Qantas's mix of shareholder returns surprises Jefferies somewhat. The airline announced A$450 million of returns, comprising a 19.8 Australian cent/share base dividend that amounts to A$300 million and a share buyback of up to A$150 million. Analyst Anthony Moulder didn't foresee the switch to a buyback. Still, it suggests that Qantas sees its share price as continuing to significantly undervalue the company. "The strength of the balance sheet allows for some increase in the base dividend, despite the expected step-up in FY 2027 capex expectations," Jefferies adds. Qantas falls 7.3% to A$9.87 today. Jefferies had a buy call and A$13.27/share price target on its stock ahead of the 1H result. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 25, 2026 20:49 ET (01:49 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2614061300"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2614061300\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2614061300?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-26 09:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614061300","market":"fut","top_or_hot":-1,"title":"Qantas's Switch to Share Buyback Surprises Bull -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0149 GMT - Qantas's mix of shareholder returns surprises Jefferies somewhat. The airline announced A$450 million of returns, comprising a 19.8 Australian cent/share base dividend that amounts to A$300 million and a share buyback of up to A$150 million. Analyst Anthony Moulder didn't foresee the switch to a buyback. Still, it suggests that Qantas sees its share price as continuing to significantly undervalue the company. \"The strength of the balance sheet allows for some increase in the base dividend, despite the expected step-up in FY 2027 capex expectations,\" Jefferies adds. Qantas falls 7.3% to A$9.87 today. Jefferies had a buy call and A$13.27/share price target on its stock ahead of the 1H result. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 25, 2026 20:49 ET (01:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Qantas's Switch to Share Buyback Surprises Bull -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQantas's Switch to Share Buyback Surprises Bull -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-26 09:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0149 GMT - Qantas's mix of shareholder returns surprises Jefferies somewhat. The airline announced A$450 million of returns, comprising a 19.8 Australian cent/share base dividend that amounts to A$300 million and a share buyback of up to A$150 million. Analyst Anthony Moulder didn't foresee the switch to a buyback. Still, it suggests that Qantas sees its share price as continuing to significantly undervalue the company. \"The strength of the balance sheet allows for some increase in the base dividend, despite the expected step-up in FY 2027 capex expectations,\" Jefferies adds. Qantas falls 7.3% to A$9.87 today. Jefferies had a buy call and A$13.27/share price target on its stock ahead of the 1H result. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 25, 2026 20:49 ET (01:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4116","symbol_name":"互联网服务与基础架构","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614061300","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614061300","pubTimestamp":1772070540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0149 GMT - Qantas's mix of shareholder returns surprises Jefferies somewhat. The airline announced A$450 million of returns, comprising a 19.8 Australian cent/share base dividend that amounts to A$300 million and a share buyback of up to A$150 million. Analyst Anthony Moulder didn't foresee the switch to a buyback. Still, it suggests that Qantas sees its share price as continuing to significantly undervalue the company. \"The strength of the balance sheet allows for some increase in the base dividend, despite the expected step-up in FY 2027 capex expectations,\" Jefferies adds. Qantas falls 7.3% to A$9.87 today. Jefferies had a buy call and A$13.27/share price target on its stock ahead of the 1H result. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4116":"互联网服务与基础架构","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","BK7030":"航空公司","QAN.AU":"QANTAS AIRWAYS LIMITED","SWCH":"Switch Inc.","BK4513":"直播概念","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1"},"translate_title":"澳洲航空转向股票回购令牛市感到意外——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QAN.AU":0.9,"SWCH":1.5},"content_text":"0149 GMT - Qantas's mix of shareholder returns surprises Jefferies somewhat. The airline announced A$450 million of returns, comprising a 19.8 Australian cent/share base dividend that amounts to A$300 million and a share buyback of up to A$150 million. Analyst Anthony Moulder didn't foresee the switch to a buyback. Still, it suggests that Qantas sees its share price as continuing to significantly undervalue the company. \"The strength of the balance sheet allows for some increase in the base dividend, despite the expected step-up in FY 2027 capex expectations,\" Jefferies adds. Qantas falls 7.3% to A$9.87 today. Jefferies had a buy call and A$13.27/share price target on its stock ahead of the 1H result. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 25, 2026 20:49 ET (01:49 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}