Huntsman Corporation (NYSE:HUN) will look for M&A opportunities. Peter Huntsman, Chairman, CEO and President said during the Fourth Quarter 2023 Earnings Call, "We will continue to look for M&A opportunities to expand our more differentiated downstream businesses. Lastly and most importantly, we will invest to continue improving our environmental and safety stewardship and our operating reliability.

This focus on managed risk will also apply to our investment-grade balance sheet. Our Board of Directors remains committed to returning cash and value to our shareholders. To this end, we will be raising our dividend by 5% a share to $0.25 a quarter.

While we do not plan to buy back any shares in the first quarter, we look forward to restarting our buyback program as soon as market conditions warrant".