Oxley buys back 16 million shares at S$0.42
PROPERTY developer Oxley Holdings made its biggest share buyback this year, with a block purchase of 16 million shares at 4.09pm on Wednesday at a price of S$0.42 a share.
The counter finished the day at S$0.425, unchanged from a day ago, with another 0.3 million shares changing hands at other times in the day.
Oxley has been buying back its shares in the past week.
Since the last time its share buyback mandate was issued, and before Wednesday's purchase, the company has bought back another 1.6 million shares.
The 16 million shares bought back on Wednesday constitute 0.54 per cent of its Tuesday issued share capital of 2.946 billion shares.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US: Wall St opens higher as more earnings roll in
GE Aerospace raises earnings goal on strong engine sales
BRC Asia to buy 19.9% of steel reinforcement company for S$16 million
Lockheed Martin reports higher sales on strong defence demand
UOI reports 67% surge in Q1 profit before tax to S$8 million, driven by favourable market conditions
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in