share buybacks

Insider moves

iFast buys back shares in wake of 2Q loss; Alliance Healthcare resumes buyback

iFast plans to maintain a second interim dividend of 1.1 cents per share

Company in the news

Yangzijiang Financial Holding to seek share buyback mandate with June 8 EGM

Prior to the buybacks, three YFH directors had paid between 48 cents and 57 cents to add to their stakes
STI may attempt breakout to test new 2022 high - THE EDGE SINGAPORE

Right Timing

STI may attempt breakout to test new 2022 high

The STI tested a resistance and eased. It may attempt to break above 3,442, setting a new upside.

REITs

Chinese companies implement share buybacks to support prices

Chinese share buybacks are supporting the Hang Seng Index and Hang Seng Tech Index. Proxy plays are Chinese ETFs listed on SGX

China Focus

Alibaba ramps up share buybacks to US$25 bil as crackdown signals ease

The board of China’s e-commerce leader has approved the programme, which will run for two years through to March 2024.
Pan United, Hour Glass step up share buybacks with earnings growth - THE EDGE SINGAPORE

Insider moves

Pan United, Hour Glass step up share buybacks with earnings growth

Both companies reported better earnings
Jardine Matheson launches US$250 mil share buy back programme - THE EDGE SINGAPORE

Buybacks

Jardine Matheson launches US$250 mil share buy back programme

Less than a month ago, Hongkong Land had launched a similar US$500 million programmes
Hongkong Land buys back more shares, brings total to 2.13 million - THE EDGE SINGAPORE

Buybacks

Hongkong Land buys back more shares, brings total to more than 2 million

Thus far, Hongkong Land has been buying back at between US$4.31 and US$4.54.

Buybacks

Hongkong Land to spend up to US$500 million in share buybacks

As at June 30, its NAV was US$14.75, versus its last traded price of US$4.20.
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