Singapore share buybacks Wednesday: OCBC, Olam, Stamford Land, Straits Trading

OCBC branch in SingaporeOCBC branch in Singapore

These are Singapore companies which announced share buybacks on Wednesday, 10 July 2019:

OCBC

OCBC bought back 200,000 shares at S$11.47 each for a total consideration, including other costs, of S$2.30 million, the bank said in a filing to SGX after the market close Wednesday.

Olam International

Olam International bought back 65,000 shares in the market at S$1.98 each for a total consideration, including other costs, of S$128,814, the commodity trader said in a filing to SGX after the market close Wednesday.

Stamford Land

Stamford Land bought back 13,500 shares in the market at S$0.48 each for a total consideration, including other costs, of S$6,505, the property developer said in a filing to SGX after the market close Wednesday.

Straits Trading

The Straits Trading Co. bought back 40,000 shares in the market at S$2.27 to S$2.28 each for a total consideration, including other costs, of S$91,225, the company said in a filing to SGX after the market close Wednesday.

Follow Shenton Wire on Telegram to receive alerts on your phone

Global Investments

Global Investments bought back 200,100 shares in the market at S$0.137 each for a total consideration, including other costs, of S$27,434, the company said in a filing to SGX after the market close Wednesday.

Broadway Industrial

Broadway Industrial Group bought back 220,000 shares in the market at S$0.038 each for a total consideration, including other costs, of S$8,408, the company said in a filing to SGX after the market close Wednesday.

Singapore Shipping

Singapore Shipping bought back 50,100 shares in the market at S$0.29 each for a total consideration, including other costs, of S$14,557, the company said in a filing to SGX after the market close Wednesday.

CDW Holding

CDW Holding bought back 100,000 shares in the market at S$0.191 each for a total consideration, including other costs, of S$19,165, the company said in a filing to SGX after the market close Wednesday.

Straco Corp.

Straco Corp. bought back 10,500 shares at S$0.78 to S$0.79 each for a total consideration, including other costs, of S$8,256, the company said in a filing to SGX after the market close Wednesday.

While you’re here, we’re hoping you can help us out.

Shenton Wire has been providing you with quick news and market analysis. But we need your support to continue to bring you the news you’ve come to expect and to expand our reach beyond Singapore.

Your monthly contribution will directly fund our journalism.

S$2     S$4       S$8

S$18       S$28       S$88

You can check your existing account here. You can also contact us about other contribution levels or for corporate subscriptions and syndication queries.