Singapore share buybacks Friday: Yangzijiang, Keppel, Boustead, Stamford Land

Singapore five-dollar note Photo by Leslie Shaffer

These are Singapore companies which announced share buybacks on Friday, 16 August 2019; this article includes items on Yangzijiang Shipbuilding, Stamford Land, Keppel Corp., Singapore Shipping, Hong Fok Corp., Boustead Singapore, Cheung Woh Technologies and Global Investments.

Yangzijiang Shipbuilding

Yangzijiang Shipbuilding bought back 2 million shares in the market at S$0.90 each for a total consideration, including other costs, of S$1.80 million, the Chinese shipbuilder said in a filing to SGX at the midday break Friday.

After the market close, Yangzijiang said it bought back a further 2 million shares at S$0.96 to S$0.99 each for a total consideration of S$1.95 million.

Read more: UPDATE: Yangzijiang buys back more shares after stock’s recent plunge

Keppel Corp.

Keppel Corp. bought back 270,000 shares in the market at S$5.86 to S$5.88 each for a total consideration, including other costs, of S$1.59 million, the company said in a filing to SGX after the market close Friday.

Boustead Singapore

Boustead Singapore bought back 29,000 shares in the market at S$0.72 each for a total consideration, including other costs, of S$20,923, the company said in a filing to SGX after the market close Friday.

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Stamford Land

Stamford Land bought back 7,500 shares in the market at S$0.475 each for a total consideration, including other costs, of S$3,580, the property developer said in a filing to SGX after the market close Friday.

Cheung Woh Technologies

Cheung Woh Technologies bought back 268,600 shares in the market at S$0.133 to S$0.139 each for a total consideration, including other costs, of S$36,891, the company said in a filing to SGX after the market close Friday.

Global Investments

Global Investments bought back 122,700 shares in the market at S$0.138 each for a total consideration, including other costs, of S$16,946, the company said in a filing to SGX after the market close Friday.

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Singapore Shipping

Singapore Shipping bought back 1.354 million shares in the market at S$0.29 each for a total consideration, including other costs, of S$393,249, the company said in a filing to SGX after the market close Friday.

Hong Fok Corp.

Hong Fok Corp. bought back 169,600 shares in the market at S$0.815 to S$0.835 each for a total consideration, including other costs, of S$140,184, the company said in a filing to SGX after the market close Friday.

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