Just to be clear...there were NO expectations on guidance re dividends or buy back ( capital managment) for 1st Half ....
KS clewearly said at AGM ( Q4 2021) that decision will taken in 2nd Half of 2022 ...so in June we will know....
lets be clear here....and call it a miss only when do not deliver on what is promised.....as you clearly can see management been transparent and delivered Over the expectations!!!!
lets not muddle water with our wishful thinking...
we are 3 months away from it....either buyback or divi will see SP over $1.2
Ann: Presentation of Half Year Results, page-66
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