UPDATE: Singapore share buybacks Tuesday: OCBC, SGX, Jardine Strategic, SingPost

OCBC branch in SingaporeOCBC branch in Singapore

This article was originally published on Tuesday, 19 March 2019 at 21:22 SGT; it has since been updated to include Jardine Strategic and Jardine Matheson.

These are Singapore companies which announced share buybacks on Tuesday, 19 March 2019:

OCBC

OCBC bought back 200,000 shares in the market at S$11.25 each for a total consideration, including other costs, of S$2.25 million, it said in a filing to SGX after the market close on Tuesday.

Singapore Exchange

Singapore Exchange, or SGX, bought back 60,000 shares in the market at S$7.32 to S$7.33 each for a total consideration, including other costs, of S$439,923, it said in a filing to SGX after the market close on Tuesday.

The purchases were to fulfill obligations under the company’s share-based remuneration and restricted share plans, the filing said.

Jardine Strategic and Jardine Matheson

JMH Investments, a wholly owned subsidiary of Jardine Matheson, bought 433,100 shares of Jardine Strategic in the market at US$37.62 to US$37.72 each, it said in a filing to SGX after the market close on Tuesday.

Jardine Matheson is a subsidiary of Jardine Strategic. JMH Investments will retain the Jardine Strategic shares it purchased, the filing said.

Singapore Post

Singapore Post, or SingPost, bought back 400,000 shares in the market at S$0.99 to S$0.995 each for a total consideration, including other costs, of S$397,510, it said in a filing to SGX after the market close on Tuesday.

SingHaiyi Group

SingHaiyi Group bought back 76,000 shares in the market at S$0.09201 each for a total consideration, including other costs, of S$7,039, it said in a filing to SGX after the market close on Tuesday.

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