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Dividends preferred over share buybacks for shareholder returns: OCBC CEO Helen Wong
The bank aims to keep its excess capital as dry powder to support franchise flows and potential inorganic growth opportunities that may pop upOCBC prefers to give dividends over...
Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before after both lenders surpassed street consensus estimates with their third-quarter net profit figures released Friday (Nov 8). As at...
Sats Q2 profit trebles to S$69.7 million, declares S$0.015 dividend per share
The group also reports a half-year profit of S$134.7 million, reversing from the redIN-FLIGHT caterer Sats on Thursday (Nov 7) announced a second-quarter profit of S$69.7 million, soaring 214...
Boeing, Airbus to share Taiwan’s China Airlines passenger jet order: sources
TAIWAN’S China Airlines is nearing a decision to split a multi-billion US dollar order for long-distance passenger jets between Airbus and Boeing, while an order for freighters hangs in...
DBS beats estimates as Q3 net profit rises 17% to S$3.03 billion; sets up S$3 billion share buyback programme
DBS’ net profit for the third quarter ended March 2024 rose 17 per cent year on year to S$3.03 billion – crossing the S$3 billion mark for the first...
Hot stock: DBS crosses S$40 for first time to hit new record on strong results, S$3 billion share buyback plan
Shares of South-east Asia’s biggest bank cross the S$40 per-share mark at a record highSHARES of DBS rose to a historic level after it announced the establishment of a...
Hot stock: DBS crosses S$40 for first time to hit new high on strong results, S$3 billion share buyback plan
Shares of South-east Asia’s biggest bank cross the S$40 per-share mark at a record highSHARES of DBS rose to a historic level after it announced the establishment of a...