Share Buyback Consideration in Jul 2020 at Modern Low as Earnings Take Centre Stage
In July, 13 SGX primary-listed stocks bought back shares for a total consideration of S$3 million. The S$3 million in buyback consideration represented a modern monthly low since SGX Market Updates began reporting buyback considerations in October 2014. STI constituent ST Engineering led the buyback consideration in July, while four companies commenced new updates - Spackman Entertainment Group, Zhongmin Baihui Retail Group, LY Corporation and Choo Chiang Holdings.