Singapore share buybacks Wednesday: Stamford Land, Sunpower, SingHaiyi Group

Singapore street scene at Stamford Road; taken August 2018.Singapore’s Stamford Road.

These are Singapore companies which announced share buybacks on Wednesday, 2 January 2019:

Stamford Land

Stamford Land said on Wednesday that it bought back 881,000 shares in the market at S$0.49 each for a total consideration, including other costs, of S$432,337.

Since the July 2018 start of its buyback mandate, Stamford Land has bought back 33,368,300 shares, or 3.862 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.

Sunpower Group

Sunpower Group said on Wednesday that it bought back 183,000 shares in the market at S$0.31 to S$0.315 each for a total consideration, including other costs, of S$57,420.

This is the first buyback since the 28 December 2018 start of its buyback mandate, and it marked 0.02 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 346,000 shares in the market at S$0.08579 each for a total consideration, including other costs, of S$29,739.

Since the July 2018 start of its buyback mandate, SingHaiyi has bought back 61,237,900 shares, or 1.429 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.

Bumitama Agri

Bumitama Agri said on Wednesday that it bought back 40,000 shares in the market at S$0.6175 each for a total consideration, including other costs, of S$24,750.

Since the April 2018 start of its buyback mandate, Bumitama Agri has bought back 455,100 shares, or 0.0262 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 5,000 shares in the market at S$2.03 each for a total consideration, including other costs, of S$10,181.

Since the August 2018 start of its buyback mandate, Straits Trading has bought back 296,200 shares, or 0.073 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.

 

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