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
Add BT as a preferred source
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
HDB lapses saw flats allocated, housing grants given to ineligible applicants: AGO report
What makes a good job? Feeling that you matter
A new kind of ‘ceasefire’ between US and Iran where talks, strikes are part of the same process
DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator
