Singapore share buybacks Thursday: Hi-P, Sunpower, Stamford Land

Singapore public housing blocks in 1968; unknown location.Singapore public housing blocks in 1968; unknown location. Taken by Leonard Shaffer.

These are Singapore companies which announced share buybacks on Thursday, 3 January 2019:

Hi-P International

Hi-P International said on Thursday that it bought back 325,700 shares in the market at S$0.85 to S$0.87 each for a total consideration, including other costs, of S$281,790.

Since the April 2018 start of its buyback mandate, Hi-P has bought back 9,017,500 shares, or 1.115 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 Thursday.

Sunpower Group

Sunpower Group said on Thursday that it bought back 238,000 shares in the market at S$0.305 to S$0.315 each for a total consideration, including other costs, of S$73,725.

Since the 28 December 2018 start of its buyback mandate, Sunpower has bought back 421,000 shares, or 0.06 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 Thursday.

Stamford Land

Stamford Land said on Thursday that it bought back 70,900 shares in the market at S$0.49 each for a total consideration, including other costs, of S$34,793.

Since the July 2018 start of its buyback mandate, Stamford Land has bought back 33,439,200 shares, or 3.87 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 Thursday.

Straits Trading

The Straits Trading Co. said on Thursday that it bought back 3,000 shares in the market at S$2.03 each for a total consideration, including other costs, of S$6,119.

Since the August 2018 start of its buyback mandate, Straits Trading has bought back 299,200 shares, or 0.073 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 Thursday.

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