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Share buybacks perk up in June

Michelle Quah

Published Tue, Jul 5, 2016 · 09:50 PM

Singapore

SHARE buybacks by Singapore-listed companies picked up in June from the previous month, but companies have shelled out less so far this year than they did the year before.

Thirty-one companies bought back over 96 million shares last month, for a total consideration of S$217.8 million, according to data released on Tuesday by the Singapore Exchange (SGX).

This was up 74 per cent from the S$125 million in buy…

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