Share buybacks more than treble as firms exude confidence in themselves
Some 100 Singapore-listed firms bought back shares worth S$1.53b in 2018
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Singapore
CORPORATE share buybacks more than tripled last year, as Singapore-listed companies exuded confidence in their prospects despite a broad market pullback.
In 2018, 100 companies with primary listings in Singapore repurchased S$1.53 billion worth of their stock, according to a Singapore Exchange report on Friday. That's a jump from 2017, when the total buyback consideration was S$426 million.
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