Companies should offer guidance on how share buybacks are in their best interests
Amid adverse structural shifts in their operating backdrop, firms should diversify or stick to paying out dividends
TWO stocks I happen to own - OCBC and The Hour Glass - accounted for nearly two-thirds of all the share buyback activity in the local market last month.
OCBC repurchased 7.017 million shares in September for nearly S$81.4 million, or about S$11.60 per share.
The Hour Glass repurchased 2.757 million shares for almost S$4.3 million, or about S$1.55 per share.
TRENDING NOW
Singapore government slaps loan curbs on individual private-hire car buyers
If Europe goes to war, the fallout will be felt in East Asia
The grid is the transition: Why Asean’s next energy challenge is coordination
Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status
