• 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.

You may also be interested in:


You have no rights to post comments

Counter NameLastChange
AEM Holdings2.290-0.070
Best World2.4600.020
Boustead Singapore0.945-0.015
Broadway Ind0.125-0.003
China Aviation Oil (S)0.905-0.005
China Sunsine0.400-0.010
ComfortDelGro1.450-0.010
Delfi Limited0.895-0.005
Food Empire1.280-0.040
Fortress Minerals0.305-0.015
Geo Energy Res0.300-0.005
Hong Leong Finance2.480-0.010
Hongkong Land (USD)2.830-0.020
InnoTek0.520-0.015
ISDN Holdings0.3000.005
ISOTeam0.042-0.001
IX Biopharma0.040-0.005
KSH Holdings0.2550.005
Leader Env0.050-
Ley Choon0.0440.001
Marco Polo Marine0.067-0.002
Mermaid Maritime0.136-0.003
Nordic Group0.310-0.005
Oxley Holdings0.089-
REX International0.1380.003
Riverstone0.790-0.005
Southern Alliance Mining0.445-
Straco Corp.0.4950.010
Sunpower Group0.205-0.005
The Trendlines0.069-
Totm Technologies0.022-
Uni-Asia Group0.825-
Wilmar Intl3.4000.020
Yangzijiang Shipbldg1.740-0.030
 

We have 722 guests and no members online

rss_2 NextInsight - Latest News