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Jardine Matheson Expands Share Capital with Scrip Dividend Issuance

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Jardine Matheson Expands Share Capital with Scrip Dividend Issuance

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Jardine Matheson Holdings ( (GB:JARB) ) just unveiled an update.

Jardine Matheson Holdings Limited has announced the issuance of new ordinary shares as part of its scrip dividend scheme, allowing shareholders to receive shares instead of cash for their 2024 final dividend. This issuance increases the company’s total share capital to 295,063,866 ordinary shares, each carrying one vote, and provides a new denominator for shareholders to calculate their interests under the Financial Conduct Authority’s rules.

More about Jardine Matheson Holdings

Jardine Matheson Holdings Limited is a diversified business group with interests spanning various industries, including property, retail, luxury hotels, and motor vehicles. The company is known for its significant presence in Asia, focusing on long-term growth and investment across its portfolio.

See more insights into JARB stock on TipRanks’ Stock Analysis page.

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