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March share buybacks hit 30-month high

CapitaLand, OCBC, UOB, SATS, SGX, Sembcorp Industries account for bulk of S$222 million in buyback value

Published Wed, Apr 4, 2018 · 09:50 PM

Singapore

SHARE buybacks for Singapore-listed counters rose to a 30-month high in March, with 26 companies purchasing some 86 million shares at S$222 million - 65 per cent higher than the S$134 million in February 2018.

The value is the highest reported for such transactions since September 2015, according to market updates published by the Singapore Exchange (SGX).

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