30 director acquisitions filed with S$8 million in buybacks

FOR the five trading sessions spanning Sept 27 to Oct 3, the Straits Times Index (STI) declined 1.2 per cent with the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaging a 1.8 per cent decline. This has brought the STI's 2019 total return through to Oct 3, to 4.2 per cent.

Share buybacks

There were 10 primary-listed stocks conducting share buybacks over the five sessions ending Oct 3, with a total consideration of S$8.0 million, up from S$2.4 million for the preceding five sessions. Keppel REIT, Yangzijiang Shipbuilding (Holdings) and Singapore Shipping Corporation led the buyback consideration tally.

Director and substantial shareholder transactions

The five sessions spanning Sept 27 to Oct 3 saw close to 170 changes in director interests or substantial shareholdings filed for 47 primary-listed stocks. There were 30 company director acquisitions and four disposals filed, with substantial shareholders filing 25…