UPDATE: Singapore share buybacks Wednesday: UOB, OCBC, Stamford Land, Venture

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

These are Singapore companies which announced share buybacks on Wednesday, 19 December 2018:

UOB

UOB said on Wednesday that it bought back 60,000 shares in the market at S$24.24 to S$24.40 each for a total consideration, including other costs, of S$1.46 million.

Since the April 2018 start of its buyback mandate, UOB has bought back 5,886,456 shares, or 0.3544 percent of its issued shares excluding treasury shares at the time its mandate began, it said in a filing to SGX after the market close on Wednesday.

OCBC

OCBC said on Wednesday that it bought back 100,000 shares in the market at S$11.14 each for a total consideration, including other costs, of S$1.12 million.

Since the April 2018 start of its buyback mandate, OCBC has bought back 8,925,000 shares, or 0.213 percent of its issued shares excluding treasury shares at the time its 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 2,529,800 shares in the market at S$0.49 each for a total consideration, including other costs, of S$1.24 million.

Since the July 2018 start of its buyback mandate, Stamford Land has bought back 28,498,600 shares, or 3.298 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.

Venture Corp.

Venture Corp. said on Wednesday that it bought back 27,600 shares in the market at S$14.29 each for a total consideration, including other costs, of S$395,309.

Since the April 2018 start of its buyback mandate, Venture has bought back 897,600 shares, or 0.312 percent of its issued shares excluding treasury shares at the time its mandate began, it said in a filing to SGX after the market close on Wednesday.

Keppel REIT

Keppel REIT said on Wednesday that it bought back 250,000 units in the market at S$1.19 each for a total consideration, including other costs, of S$297,850.

The REIT manager said all repurchased units would be cancelled.

Since the April 2018 start of its buyback mandate, Keppel REIT has bought back 28,092,900 units, or 0.8288 percent of its issued units excluding treasury units at the time its mandate began, it said in a filing to SGX after the market close on Wednesday.

Banyan Tree

Banyan Tree Holdings said late on Wednesday that it bought back 549,000 shares in the market at S$0.56781 each for a total consideration, including other costs, of S$312,918.

Since the 17 December start of its buyback mandate, Banyan Tree has bought back 1 million shares, or 0.12 percent of its issued shares excluding treasury shares at the time its 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 320,000 shares in the market at S$0.078 each for a total consideration, including other costs, of S$25,013.

Since the July 2018 start of its buyback mandate, SingHaiyi has bought back 55,496,600 shares, or 1.295 percent of its issued shares excluding treasury shares at the time its 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 4,000 shares in the market at S$2.04 each for a total consideration, including other costs, of S$8,190.

Since the August 2018 start of its buyback mandate, Straits Trading has bought back 226,200 shares or 0.055 percent of its issued shares excluding treasury shares at the time its mandate began, it said in a filing to SGX after the market close on Wednesday.

This article was originally published on Wednesday, 19 December 2018 at 21:25 SGT; it has since been updated to add an item on Banyan Tree. 

 

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