How high can the DBS Group Holdings share price go? The stock exploded after the bank announced its monumental $8 billion capital return bazooka, a multi-year program set to run through 2027. This aggressive capital management strategy comprises a $3 billion share buyback program and $5 billion in capital-return dividends. The share buyback program worked like magic for DBS, driving the counter up by nearly 30% in 2025. Yet, following that roaring success, it appears the buyback engine has temporarily paused. The bank’s last share buyback was conducted on 11 July 2025—nearly a year ago. The fascinating part? The bank has utilized only about 12% of its total $3 billion buyback mandate so far. Given that management remains firmly committed to completing the buyback program over a two- to three-year window, I am of the view that the DBS share price will maintain its robust form all the way until 2027, even if shifting macroeconomic conditions inflict headwinds on the bank’s core business....