For the period, UOB paid $560.8 million for the buyback of 15.8 million shares, paying an average price per share of $35.39.
A total of 76 primary-listed companies on the Singapore Exchange (SGX) bought back $1.65 billion worth of shares from the open market for the year to date ended Sept 11, 80% higher than the $916 million spent for the first nine months of last year.
Among the listcos, the three Singapore banks, DBS Group Holdings, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB), spent the most.
