Singapore share buybacks Tuesday: Keppel REIT, Stamford Land, Rex, Singapore Shipping

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

These are Singapore companies which announced share buybacks on Tuesday, 13 August 2019:

Keppel REIT

Keppel REIT bought back 2 million units in the market at S$1.23 each for a total consideration, including other costs, of S$2.46 million, the REIT said in a filing to SGX after the market close Tuesday.

All repurchased units will be cancelled, the REIT said.

Stamford Land

Stamford Land bought back 247,000 shares in the market at S$0.48 each for a total consideration, including other costs, of S$118,738, the property developer and hotel operator said in a filing to SGX after the market close Tuesday.

Rex International

Rex International bought back 1.4 million shares in the market at S$0.064 each for a total consideration, including other costs, of S$90,118, the company said in a filing to SGX after the market close Tuesday.

Singapore Shipping

Singapore Shipping bought back 123,700 shares in the market at S$0.29 each for a total consideration, including other costs, of S$35,927, the company said in a filing to SGX after the market close Tuesday.

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