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Share buybacks this year close to 2012/13's combined total

Published Mon, Nov 10, 2014 · 09:50 PM

Singapore

SINGAPORE-listed companies are close to buying back more of their share capital than they did in the previous two years combined, according to data compiled by ShareInvestor, a financial Internet media & technology firm owned by Singapore Press Holdings.

The 107 companies with buyback mandates have bought S$525.9 million of their own shares from the market so far this year, a 13 per cent increase from 2013 and just shy of the S$526.6 million bought back in all of 2012 and 2013. In terms of numbers of shares, those companies have taken 422.8 million shares off the market, or 0.3 per cent m…

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