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Share buyback value up 74% in November

More than 90% of buyback consideration driven by just five stocks, with OCBC again topping the list

Annabeth Leow

Annabeth Leow

Published Mon, Dec 4, 2017 · 09:50 PM
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Singapore

SHARE buyback volume and value bounced back in November, after hitting a trough in October, the Singapore Exchange (SGX) said on Monday.

Last month, 22 listed companies repurchased some 27.7 million shares, worth S$39.4 million in all. The value of the buyback was up by 74 per cent on the S$22.6 million reported in October, according to the SGX My Gateway investor education portal.

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