UPDATE: Singapore share buybacks Thursday: OCBC, Olam, Keppel REIT, Stamford Land, KSH

Keppel REIT’s Ocean Financial Centre. Source: Keppel REITKeppel REIT’s Ocean Financial Centre. Source: the company

This article was originally published Thursday, 20 June 2019 at 21:11 SGT; it has since been updated to add Jardine Strategic.

These are Singapore companies which announced share buybacks on Thursday, 20 June 2019:

OCBC

OCBC bought back 150,000 shares in the market at S$11.29 each for a total consideration, including other costs, of S$1.70 million, the bank said in a filing to SGX after the market close Thursday.

Keppel REIT

Keppel REIT bought back 1.35 million units in the market at S$1.26 each for a total consideration, including other costs, of S$1.70 million, the REIT said in a filing to SGX after the market close Thursday.

The repurchased units will be canceled, the filing said.

Jardine Strategic

JMH Investments, a wholly owned subsidiary of Jardine Matheson, acquired 77,500 Jardine Strategic shares in the market at US$36.84 to US$36.885 each, it said in a filing to SGX after the market close Thursday.

Jardine Matheson is a subsidiary of Jardine Strategic.

JMH Investments plans to retain the Jardine Strategic shares it purchased, the filing said.

Olam International

Olam International bought back 250,000 shares in the market at S$1.92 to S$1.94 each for a total consideration, including other costs, of S$482,851, it said in a filing to SGX after the market close Thursday.

KSH Holdings

KSH Holdings bought back 300,000 shares in the market at S$0.42 to S$0.43 each for a total consideration, including other costs, of S$127,828, it said in a filing to SGX after the market close Thursday.

Stamford Land

Stamford Land bought back 1,400 shares in the market at S$0.475 each for a total consideration, including other costs, of S$666.37, it said in a filing to SGX after the market close Thursday.

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