SGX share buybacks in April down 6% YoY to $52m
Which stocks had the largest consideration?
Share buybacks in April decreased from the same month last year, which saw a total of 33,205,000 shares purchased, with a total consideration of $55.3m, says SGX in a media release.
SGX adds that in the month of April, there were a total of 89,076,068 shares repurchased by 19 stocks, with a total consideration of S$51.8 million. This brings the year-to-date total consideration to S$355.7 million.
The five stocks with the largest consideration in buybacks in April were Golden Agri-Resources, Oversea-Chinese Banking Corporation, OSIM International, United Overseas Bank and USP Group.