SUBSCRIBERS

Share buybacks tumble as STI hits new highs in market rally

Published Wed, Aug 2, 2017 · 09:50 PM

Singapore

THE stock market rally that has driven the Straits Times Index (STI) to fresh highs this year has meant that share buybacks in July slid not only year-on-year but also quarter-on-quarter.

In July, a total of 23.2 million units were repurchased by 17 companies for S$26.7 million.

This buyback consideration was down 48.1 per cent from the S$51.5 million reported f…

KEYWORDS IN THIS ARTICLE

Singapore Stocks

Singapore equities

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

Meta releases early versions of its Llama 3 AI model
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
US: Wall St opens higher as some chip stocks bounce back after selloff
Blackstone reports 1% rise in Q1 earnings

Purchase this article

Companies & Markets

Companies & Markets

Share buybacks tumble as STI hits new highs in market rally

KEYWORDS IN THIS ARTICLE

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Blackstone reports 1% rise in Q1 earnings

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT