The value realisation share buyback programme is Singtel’s latest capital management initiative, following a change in dividend policy in May 2024 to include a value realisation dividend in addition to a core dividend. For the whole of FY2025, Singtel will be paying 17 cents per share, versus 15 cents paid last year.
Singapore Telecommunications (Singtel) has launched a value realisation share buyback programme of up to $2 billion to drive sustained growth and value for shareholders amidst volatile economic conditions.
To be executed over three years, the programme is a signal to the market that Singtel is “confident in its long-term value and to provide stability in a volatile environment”, group CFO Arthur Lang said at a briefing on May 22.
