Singapore share buybacks Monday: Singapore Exchange, Keppel REIT, Straits Trading

Signage at the SGX building on Shenton Way in Singapore; taken October 2018.Signage at the SGX building on Shenton Way in Singapore; taken October 2018.

These are Singapore companies which have announced share buybacks on Monday 29 October 2018:

Singapore Exchange

Singapore Exchange said on Monday that it bought back 83,000 shares in the market at S$6.85 to S$6.87 each for a total consideration, including other costs, of S$570.360. The purchases were made to meet the company’s obligations under its share-based remuneration plans, it said.

Since the September 2018 start of its buyback mandate, Singapore Exchange has bought back 397,100 shares, or 0.04 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 Monday.

Keppel REIT

Keppel REIT’s manager said it bought back 750,000 shares in the market at S$1.13 each for a total consideration, including other costs, of S$848,498. The purchased units will be cancelled, it said.

Since the April 2018 start of its buyback mandate, Keppel REIT has bought back 8,032,800 shares, or 0.237 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 Monday.

HRnetGroup

HRnetGroup said on Monday that it incorrectly stated the number of issued shares excluding treasury shares held after purchase in a 23 October announcement. The number should be 1,005,993,472, instead of 1,006,032,472, it said.

Straits Trading

The Straits Trading Co. said on Monday that it bought back 7,000 shares in the market at S$2.05 to S$2.07 each for a total consideration, including other costs, of S$14,447.

Since the August 2018 start of its buyback mandate, Straits Trading has bought back 91,000 shares, or 0.022 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 Monday.

SunMoon Food

SunMoon Food said on Monday that it bought back 310,500 shares at S$0.04652 each for a total consideration, including other costs, of S$14,493.

Since the July 2018 start of the buyback mandate, SunMoon Food has bought back 3,294,300 shares, or around 0.4577 percent of its issued shares excluding treasury shares at the time the mandate began, it said in a filing to SGX after the market closed.

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