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Genting Singapore shares down 10% on heavy volume; continues buyback of 4 mil shares

The Edge Singapore
The Edge Singapore • 2 min read
Genting Singapore shares down 10% on heavy volume; continues buyback of 4 mil shares
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Genting Singapore shares dropped by just over 10% on May 13 after reporting weaker 1QFY2026 earnings, which triggered a wave of downgrades from analysts.

Genting Singapore shares dropped to as low as 61 cents before gaining just that slightly to close at 62 cents for the day, extending a drop of more than 15% year to date.

To help staunch the sell down, Genting Singapore bought back 4 million shares at between 61.5 cents and 64.5 cents, spending a total of nearly $2.55 million.

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