share buybacks

SINGAPORE (June 10): Top executives in PropNex Realty recently acquired a total of 709,400 shares at 48 cents each. Executive chairman and CEO Ismail Gafoore purchased a total of 609,400 shares on May 28 and June 4 and executive director Alan Lim Tow Huat

SINGAPORE (Jun 3): Kimly, which runs a chain of coffee shops, has been steadily buying back shares from the open market since late March. The latest purchase, of 860,000 shares at 24 cents, was made on May 27. This follows a purchase of 230,000 shares at

SINGAPORE (May 6): Lim Tiong Hian, executive chairman and largest shareholder of retailer and wellness services provider Epicentre Holdings, has increased his stake in the company for the first time in about 20 months.

SINGAPORE (Jan 11): Last year, the Straits Times Index lost 10.5%, owing to a range of global and domestic factors. Amid the plunge, many locally listed companies took the opportunity to buy back their own shares.

SINGAPORE (Nov 30): Companies buy back their own shares for a variety of capital management reasons, such as to modify the company’s capital structure to improve the return on equity or to enhance earnings per share.

SINGAPORE (Oct 17): Koufu Group’s controlling shareholder, Jun Yuan Holdings, has commenced buying back shares of the group following recent controversy over the practices of social enterprise subsidiary, Hawker Management.    

SINGAPORE (Oct 8): With the Singapore market down 5.7% year to date, corporate activity seemed to have picked up pace recently, says OCBC Investment Research.

SINGAPORE (Aug 16): Property giant City Developments Limited (CDL) has bought shares from the open market for the first time. On Aug 16, the company bought 300,000 shares at an average price of $9.485, which is a discount of nearly 15% of its net asset va

SINGAPORE (July 6): UOB Kay Hian is maintaining its “buy” call on CITIC Envirotech (CEL) with a target price of $1.10, noting that its current share price has reached attractive levels as the group remains on track to delivering record results.

SINGAPORE (June 30): The Bank of Singapore (BoS), a subsidiary of Oversea-Chinese Banking Corporation (OCBC), remains “overweight” on the US financial sector due to the potential de-regulation for US banks as well as their prospects for higher-than-ex