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

Dow Jones

Feb 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)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2614061300"},"companyName":"Tiger Brokers"},"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=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-26 09:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614061300","market":"us","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":"LU1093756325.SGD","symbol_name":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","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":{"LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","BK7030":"航空公司","SWCH":"Switch Inc.","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","BK4513":"直播概念","QAN.AU":"QANTAS AIRWAYS LIMITED","BK4116":"互联网服务与基础架构"},"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"}}}