Asia and Africa-focused bank Standard Chartered (STAN) announced a $1.5 billion share buyback and a 65% dividend hike. However, the news was overshadowed by Q4 and FY results which marginally missed market expectations sending the shares lower. Share price: £17.92 (-1.2%) PE: 13x Market cap: £40.75bn Yield: 1.6% Strong underlying results According to CEO Bill … Continue reading Standard Chartered dips despite buyback and dividend hike