Feb 2019 Share Buybacks at S$32 million with Modest STI Gain
In Feb 2019, the STI gained 0.7% and 15 SGX primary-listed stocks repurchased 20 million shares with total consideration of S$32 million. This was up from S$26 million in Jan 2019 and down year-on-year from S$134 million in Feb 2018. 4 stocks commenced new buyback mandates in the month of Feb 2019: Singtel, EuroSports Global, Starburst Holdings & Ecowise Holdings. Relative to outstanding shares, EuroSports Global bought back 0.27% of its shares during the month.