Singapore share buybacks Tuesday: Jardine Strategic, Sunpower, Bumitama Agri

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

These are Singapore companies that announced share buybacks on Tuesday, 22 January 2019:

Jardine Matheson and Jardine Strategic

JMH Investments, a wholly owned subsidiary of Jardine Matheson Holdings (JMH), bought 239,000 shares of Jardine Strategic Holdings (JSH) for US$37.0542 each, it said in a filing to SGX after the market close on Tuesday.

JMH is a subsidiary of JSH; JMHI will retain the JSH shares it purchased, the filing said.

JSH is required to maintain a free float of at least 15 percent, it said.

Sunpower Group

Sunpower Group bought back 698,000 shares in the market at S$0.405 to S$0.415 each for a total consideration, including other costs, of S$287,128, it said in a filing to SGX after the market close on Tuesday.

Bumitama Agri

Bumitama Agri bought back 92,800 shares in the market at S$0.7022 each for a total consideration, including other costs, of S$65,297, it said in a filing to SGX after the market close on Tuesday.

Stamford Land

Stamford Land bought back 50,500 shares in the market at S$0.49 each for a total consideration, including other costs, of S$24,782, it said in a filing to SGX after the market close on Tuesday.

PEC

PEC bought back 22,000 shares in the market at S$0.58 each for a total consideration, including other costs, of S$12,800, it said in a filing to SGX after the market close on Tuesday.

Straits Trading

The Straits Trading Co. bought back 2,000 shares in the market at S$2.06 each for a total consideration, including other costs, of S$4,149, it said in a filing to SGX after the market close on Tuesday.

 

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