S$25 million in share buybacks last week

SGX, 9 Mar 2015

Share buybacks are a process where a share issuer repurchases some of its outstanding shares from shareholders through open market transactions.

– For the first week of the month from 2 to 6 March, there were a total of 16,621,900 shares repurchased by 18 stocks with a total consideration of S$25.1 million. This is an increase from the first week of March last year, which saw a total of 4,375,000 shares purchased by 12 stocks with a total consideration of S$6.6 million.

– The five stocks with the largest consideration amount in buybacks were DBS, OCBC, Singapore Technologies Engineering, Pacific Century Regional Developments and Chip Eng Seng Corporation.

S$25 million in share buybacks last week [Google Docs(filter-enabled), SGX]

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