UPDATE: Singapore share buybacks Wednesday: SPH, Keppel REIT, Stamford Land, SunMoon Food

SGX ticker at Shenton Way building in Singapore; taken October 2018.SGX ticker at Shenton Way building in Singapore.

These are Singapore companies which bought back shares in the market on Wednesday 24 October 2018:

Singapore Press Holdings

Singapore Press Holdings said on Wednesday that it bought back 500,000 shares in the market at S$2.63 to S$2.65 each for a total consideration, including other costs, of S$1.32 million.

Since the December 2017 start of its buyback mandate, SPH has bought back 1.8 million shares, or 0.11 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 Wednesday.

Keppel REIT

Keppel REIT’s manager, Keppel REIT management, said on Wednesday that it bought back 500,000 units in the market at S$1.12 each for a total consideration, including other costs, of S$560,659.

It said the units would be cancelled.

Since the April 2018 start of its buyback mandate, the REIT’s manager has bought back 5,782,800 units, or 0.1706 percent of its issued units excluding treasury units at the time the mandate began, it said in a filing to SGX after the market close on Wednesday.

Stamford Land

Stamford Land said on Wednesday that it bought back 55,500 shares in the market at S$0.495 each for a total consideration, including other costs, of S$27,514.

Since the July 2018 start of its buyback mandate, Stamford Land has bought back 12,638,800 shares, or 1.463 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 Wednesday.

SunMoon Food

SunMoon Food said on Wednesday that it bought back 100,000 shares in the market at S$0.047 each for a total consideration, including other costs, of S$4,745.

Since the July 2018 start of its buyback mandate, SunMoon Food has bought back 2,633,800 shares, or 0.3659 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 Wednesday.

Straits Trading

The Straits Trading Co. said on Wednesday that it bought back 3,000 shares in the market at S$2.06 each for a total consideration, including other costs, of S$6,209.

Since the August 2018 start of its buyback mandate, Straits Trading has bought back 47,900 shares, or 0.012 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 Wednesday.

SingHaiyi Group

SingHaiyi Group said on Wednesday that it bought back 66,400 shares in the market at S$0.09166 each for a total consideration, including other costs, of S$6,132.

Since the July 2018 start of its buyback mandate, SingHaiyi has bought back 6,078,200 shares, or 0.142 percent of its issued shares excluding treasury shares at the time the mandate began.

This article was originally published on Wednesday 24 October 2018 at 23:54 SGT; it has since been updated to add items on SPH and SingHaiyi Group. 

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