UPDATE 2-Johnson Matthey to pay out $466 mln to shareholders, cut costs
* To pay 305 million stg or 150p/shr as special dividend * Also to pay regular interim dividend of 19.5p * H1 underlying pretax profit 208.3 million stg * Starts restructuring process to cut costs * Shares up more than 8 percent (Adds background, analyst comment, updates
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