SGX

Buybacks of shares jumped 75% to $1.03b last year

The Singapore Exchange Centre in Shenton Way. ST PHOTO: DESMOND WEE

Total share buyback transactions for last year amounted to $1.03 billion, with 100 primary-listed stocks conducting buybacks, said the Singapore Exchange. While the number of companies conducting buybacks was up by 20 per cent, the full year's consideration represents a 75 per cent increase from $590 million in 2019.

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A version of this article appeared in the print edition of The Straits Times on January 08, 2021, with the headline Buybacks of shares jumped 75% to $1.03b last year. Subscribe