Share buybacks ease in November

Singapore

SINGAPORE-LISTED companies bought back their own shares at a slower pace in November, although year-to-date buybacks are more than double the whole of 2014 with one month left to go in 2015.

Issuers repurchased S$45 million of their own shares in November 2015, 67 per cent lower than the amount bought back a year earlier and 65 per cent below the amount bought in October 2015, according to data from the Singapore Exchange (SGX).