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Share buybacks among S'pore-listed companies surge amid rising volatility

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Keppel Corp led the pack in terms of total buybacks during the first quarter of this year.

PHOTO: BLOOMBERG

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SINGAPORE - Share buybacks are surging as listed companies tap cash hoards amassed during the pandemic to repurchase their stocks.
Singapore Exchange-listed companies coughed up some $298.3 million during the first three months of this year - more than double the $134 million in the first quarter of last year.
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