Jardine Matheson's Deals May Buoy Shareholder-Return Plan -- Market Talk

Dow Jones
2025/10/20

0112 GMT - Jardine Matheson's moves to partially sell a Hong Kong property and take subsidiary Mandarin Oriental private are likely to make significant progress in Jardine's plan to improve shareholder returns, say Citi analysts in a note. All Mandarin Oriental shareholders will receive special dividends from the Hong Kong asset disposal, and Jardine's share of the payout is likely more than enough to cover the take-private deal costs, they say. Citi notes the conglomerate is shifting from its role as an owner-operator to being a long-term investor, which will provide strategic direction to its subsidiaries. Citi raises its target to US$69.50 from US$62.50, citing the value creation from the deals. It maintains a buy rating on Jardine. Shares last closed 0.8% higher at US$61.13. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

October 19, 2025 21:12 ET (01:12 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10