Seatrium - OCBC Investment 2024-05-07: 20-to-1 Share Consolidation & Steady Order Wins

Seatrium - 20-to-1 Share Consolidation & Steady Order Wins

Seatrium (SGX:5E2) | SGinvestors.ioSeatrium (SGX:5E2)

20-to-1 share consolidation

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  • Meanwhile, the record and effective date for the share consolidation will be 5pm on 8 May 2024 and 9am on 9 May 2024, respectively.
  • For fractional entitlements, Seatrium intends to aggregate and dispose of them in the open market as soon as practicable following the completion of the exercise, and the proceeds will be distributed on a pro rata basis to affected shareholders.

S$100m share buyback program

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  • The program allows Seatrium to purchase up to 2% of issued shares via open market purchases, and could take over a year to be completed.

Early redemption of S$500m worth of floating rate bonds

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Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @

Ada Lim OCBC Investment Research | 2024-05-07

Price targets by other brokers at Seatrium Target Prices.

Listing of research reports at Seatrium Analyst Reports.

Relevant links:
Seatrium Share Price History,
Seatrium Announcements,
Seatrium Dividends & Corporate Actions,
Seatrium News Articles


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