Singapore share buybacks Tuesday: Hongkong Land, UOB, OCBC, Global Investments, Hotung, Hour Glass

UOB building in Jakarta, IndonesiaUOB building in Jakarta, Indonesia

These are Singapore companies which announced share buybacks on Tuesday, 7 September 2021: Hongkong Land, UOB, OCBC, The Hour Glass, Hotung Investment Holdings and Global Investments.

Hongkong Land

Hongkong Land bought back 320,000 shares in an off-market repurchase at US$4.6712 each, the property developer and investor said in a statement filed to the U.K.’s Financial Conduct Authority and to SGX. The repurchased shares will be cancelled, the statement said.

Read more: Hongkong Land to allocate up to US$500M in share buyback program

OCBC

OCBC bought back 400,000 shares in the market at S$11.66 each for a total consideration, including other costs, of around S$4.67 million, the bank said in a filing to SGX after the market close.

UOB

UOB bought back 72,000 shares in the market at S$25.61 to S$25.80 each for a total consideration, including other costs, of around S$1.85 million, the bank said in a filing to SGX after the market close.

The Hour Glass

The Hour Glass bought back 66,000 shares in the market at S$1.54697 each for a total consideration, including other costs, of around S$102,363, the watch retailer said in a filing to SGX after the market close.

Hotung Investment Holdings

Hotung Investment Holdings bought back 5,600 shares in the market at S$1.94 each for a total consideration, including other costs, of around S$10,908, the company said in a filing to SGX after the market close.

Global Investments

Global Investments bought back 500,000 shares in the market at S$0.1556 each for a total consideration, including other costs, of around S$77,859, the company said in a filing to SGX after the market close.

 

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