Losers outnumber gainers in record year for buybacks

IT was a record year for share buyback activity in the Singapore market with 112 companies posting 2,092 filings worth S$1.982 billion in 2015. Those are the highest yearly totals since buybacks were introduced by the Singapore Exchange in June 1999. The figures surpassed the previous highs of 109 firms, 1,762 filings and S$1.071 billion during the global financial crisis in 2008.

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