Silchester International Investors, the largest shareholder of ComfortDelGro, has on March 4 paid $5.85 million to increase its stake by 4 million.
At this price, Silchester is paying an average of $1.4629 each.
The asset manager now owns nearly 152.74 million shares, equivalent to 7.05% of the company. It held 6.86% previously.
On Feb 27, ComfortDelGro has reported record revenue of $5.06 billion for the FY2025 ended Dec 31, 2025, 13% higher y-o-y. This also marks the first time the group’s topline has crossed the $5 billion mark. Earnings also rose by 9.4% y-o-y to $230.3 million.
The board has proposed a final dividend of 4.59 cents per share, bringing its total dividend for FY2025 to 8.5 cents per share, or 80% of its patmi.
ComfortDelGro shares closed at $1.46 on March 5, up 1.39% for the day.
