UPDATE: Singapore share buybacks Friday: City Developments, SATS, Jardine Matheson, Stamford Land

Singapore two-dollar billsSingapore two-dollar bills

These are Singapore companies which announced share buybacks on Friday 12 October 2018:

City Developments

City Developments said on Friday that it bought back 100,000 shares in the market at S$8.12 to S$8.22 each for a total consideration, including other costs, of S$819.9 million.

Since the April 2018 start of the buyback mandate, City Developments has bought back 2 million shares, or 0.22 percent of the issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market close on Friday.

SATS

SATS said on Friday that it bought back 100,000 shares in the market at S$4.83 to S$4.85 each for a total consideration, including other costs of S$485,150.

Since the July 2018 start of the buyback mandate, SATS has bought back 669,900 shares, or 0.06 percent of its issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market close on Friday.

Jardine Matheson and Jardine Strategic

JMH Investments, a wholly owned subsidiary of Jardine Matheson, acquired 200,000 shares of Jardine Strategic in the market on Friday at US$33.9924 each, it said in a filing to SGX after the market close on Friday.

Jardine Matheson is a subsidiary of Jardine Strategic, it said. JMH Investments will retain the shares of Jardine Strategic, which is subject to a 15 percent free-float requirement, it said.

Stamford Land

Stamford Land said on Friday that it bought back 307,400 shares in the market at S$0.495 each for a total consideration, including other costs, of S$152,391.

Since the July 2018 start of the buyback mandate, Stamford Land has bought back 12,583,300 shares, or 1.456 percent of the issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market close on Friday.

Straits Trading

The Straits Trading Co. said on Friday that it bought back 12,000 shares in the market at S$2.04 to S$2.05 each for a total consideration, including other costs of S$24,554.

Since the August 2018 start of the buyback mandate, Straits Trading has bought back 21,000 shares, or 0.005 percent of the issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market close on Friday.

HRnetGroup

HRnetGroup said on Friday that it bought back 200,000 shares in the market at S$0.82 to S$0.88 each for a total consideration, including other costs, of S$173,124.

Since the April 2018 start of the buyback mandate, HRnetGroup has bought back 7.19 million shares, or 0.7145 percent of the issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market close on Friday.

PEC

PEC said on Friday that it bought back 173,500 shares in the market at S$0.58999 each for a total consideration, including other costs, of S$102.681.

Since the October 2017 start of the buyback mandate, PEC has bought back 745,800 shares, or 0.29 percent of the issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market close on Friday.

SingHaiyi Group

SingHaiyi Group said on Friday that it bought back 230,100 shares in the market at S$0.08915 each for a total consideration, including other costs, of S$20,565.

Since the July 2018 start of the buyback mandate, SingHaiyi has bought back 5,460,700 shares, or 0.127 percent of the issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market close on Friday.

SunMoon Food

SunMoon Food said on Friday that it bought back 150,000 shares in the market at S$0.047 each for a total consideration, including other costs, of S$7,096.

Since the July 2018 start of the buyback mandate, SunMoon Food has bought back 1.62 million shares, or 0.2251 percent of the issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market close on Friday.

This article was originally published on Sunday 14 October 2018 at 13:49 SGT; it has since been updated to add an item on HRnetGroup.

 

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