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Noble Group pumps S$42.9m into buybacks of shares

Third open-market purchase raises acquisitions to 62.98m shares, just under 1% of its total share base

"For those of you who know us, I would only ask you one thing, have a little confidence and patience in us," says Mr Elman


NOBLE Group snapped up more of its shares in its third buyback this month, with such share repurchases now totalling S$42.9 million in value.

Singapore Exchange data showed that the last string of buybacks made by the commodity trader was in November 2011.