Which companies did share buyback in Sept 2019?

In September, the STI edged 0.4% higher with dividends marginally improving the total return to 0.5%. This brought the STI’s total return for the first nine months of 2019 to 5.3%, while the FTSE ST Mid Cap Index almost doubled the STI’s gains with an 11.3% total return.

For the month of September, 23 primary-listed SGX stocks repurchased more than 30 million shares with a total consideration of S$15 million. This was down from S$70 million in August and down from S$94 million in September 2018.

September buyback consideration was led by Yangzijiang Shipbuilding, Stamford Land Corporation, Singapore Press Holdings, ST Engineering and Global Investments. Seven stocks initiated new buyback mandates.

Buyback9.19

Seven Stocks Commenced New Mandates in September 2019

The table below summarises the buyback considerations in September 2019. The table is sorted by the value of the total consideration amount for the month, which combines the amount of shares or units purchased and the purchasing price of the transactions. The seven stocks that commenced new mandates are highlighted in capital letters and color.

Stocks	Sept 2019 Total No. of Shares/units Purchased	Sept 2019 Total Buyback Consideration (including stamp duties, clearing changes etc)	Cumulative Number of Shares/units purchased in Mandate to date*
Yangzijiang Shipbuilding	5,000,000	$4,670,740	25,000,000
Stamford Land	4,062,800	$1,965,093	19,773,600
Singapore Press Holdings	939,500	$1,829,054	3,515,800
Singapore Technologies Engineering	400,000	$1,555,995	3,670,700
Global Investments	10,949,000	$1,493,282	48,747,200
Singapore Shipping	2,809,000	$818,461	7,364,800
Rex International	7,459,700	$588,517	13,187,000
China Sunsine Chemical	508,000	$510,541	3,087,000
HEALTHWAY MEDICAL	14,066,700	$348,427	14,066,700
BREADTALK	495,000	$312,402	495,000
HRnet	280,000	$163,392	502,000
CDW	645,500	$124,075	3,382,500
Cheung Woh Technologies	743,700	$109,334	1,780,300
FOOD EMPIRE	200,000	$100,812	200,000
Japfa	167,800	$76,784	1,330,500
STARBURST	166,600	$61,825	166,600
Tuan Sing	175,000	$58,851	3,705,000
Hong Fok	62,100	$52,638	2,355,300
EUROSPORTS GLOBAL	230,000	$43,300	230,000
Straco	38,300	$28,862	100,800
SINGHAIYI	310,000	$27,505	310,000
GRP	20,000	$3,545	1,857,200
ANCHUN	2,700	$583	2,700
Total	49,731,400	$14,944,019
Source: SGX My Gateway (Data as of 30 Sep 2019)

Full report on SGX website.

Which companies did share buyback in Sept 2019?

You may also be interested in: