In today’s briefing:
- 10 in 10 – All about Singapore Depository Receipts (SDRs)
- Singapore Primary-listed Companies Bought Back S$230M in Shares in 1Q24
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10 in 10 – All about Singapore Depository Receipts (SDRs)
10 in 10 – All about Singapore Depository Receipts (SDRs)
Singapore Primary-listed Companies Bought Back S$230M in Shares in 1Q24
- In 1Q24, 50 SGX primary-listed companies bought back shares by way of market acquisitions with a combined consideration of ~S$230 million.
- CapitaLand Investment bought back 31.2 million shares at an average price of S$2.96 in 1Q24 and City Developments bought back 6.7 million shares at an average price of S$5.91 per share.
- The 1Q24 buyback activity compared to 41 primary-listed companies conducting S$111 million in buyback consideration in 1Q23.