Singapore share buybacks Tuesday: Keppel REIT, Jardine Matheson, AEI, Stamford Land

Bugis Junction Towers in Singapore. Keppel REIT said in October 2018 it plans to divest the property. Credit: Keppel REITBugis Junction Towers in Singapore. Keppel REIT said in October 2018 it plans to divest the property. Credit: Keppel REIT

These are Singapore companies which announced share buybacks on Tuesday, 12 November 2019: Jardine Matheson, Keppel REIT, AEI Corp., and Stamford Land.

Keppel REIT

Keppel REIT bought back 1.1 million units at S$1.20 each for a total consideration, including other costs, of S$1.32 million, the REIT said in a filing to SGX after the market close Tuesday. All repurchased units will be cancelled, the REIT said.

Jardine Matheson

Jardine Matheson bought back 213,500 shares in the market at US$58 each, the company said in a filing to SGX after the market close Tuesday. The repurchased shares will be cancelled, the filing said.

In a separate filing in the afternoon Tuesday, Jardine Matheson said it acquired 48,100 shares on Monday at US$57.38 to US$57.39 each. Those repurchased shares will also be cancelled, the filing said.

Stamford Land

Stamford Land bought back 525.700 shares in the market at S$0.49 to S$0.50 each for a total consideration, including other costs, of S$262,781, the property developer and hotel operator said in a filing to SGX after the market close Tuesday.

AEI Corp.

AEI Corp. bought back 73,300 shares in the market at S$0.7063 each for a total consideration, including other costs, of S$51,933, the company said in a filing to SGX after the market close Tuesday.

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