SG buybacks Monday: Keppel buys 800,000 shares; OCBC, OUE, Wilmar, Hong Fok

Oil drilling rigs at Cromarty Firth in the U.K. Photo by Ben Wicks on UnsplashOil drilling rigs at Cromarty Firth in the U.K. Photo by Ben Wicks on Unsplash

Singapore companies announcing share buybacks on Monday, 9 May 2022: OCBC, Keppel Corp., OUE Ltd., Wilmar International, G.K. Goh Holdings and Hong Fok Corp.

Keppel Corp.

Keppel Corp. bought back 800,000 shares at S$6.68 to S$6.82 each for a total consideration, including other costs, of around S$5.41 million, the property-to-energy-to-infrastructure conglomerate said in a filing to SGX after the market close.

Wilmar International

Wilmar International bought back 1,002,700 shares in the market at S$4.29 to S$4.30 each for a total consideration, including other costs, of around S$4.32 million, the agri-business company said in a filing to SGX after the market close.

OCBC

OCBC bought back 300,000 shares in the market at S$11.90 each for a total consideration, including other costs, of around S$3.57 million, the bank said in a filing to SGX after the market close.

Hong Fok Corp.

Hong Fok Corp. bought back 310,000 shares in the market at S$0.875 to S$0.88 each for a total consideration, including other costs, of around S$272,845, the property development and investment company said in a filing to SGX after the market close.

OUE

OUE bought back 67,200 shares in the market at S$1.3312 each for a total consideration, including other costs, of around S$89,591, the property developer said in a filing to SGX after the market close.

G.K. Goh Holdings

G.K. Goh Holdings bought back 42,400 shares in the market at S$0.925 to S$0.93 each for a total consideration, including other costs, of around S$39,499, the company said in a filing to SGX after the market close. The repurchased shares will be canceled, the filing said.

G.K. Goh Holdings is an investment company owning operating businesses and a portfolio of investments, including listed and unlisted equities, third-party managed funds and some non-controlling minority stakes. The company also acts as a co-investor for private-equity firms, family offices and insurance companies. It has invested in fiber optic networks in Europe, aged-care in Australia and a Japan REIT.