March share buybacks hit 30-month high

CapitaLand, OCBC, UOB, SATS, SGX, Sembcorp Industries account for bulk of S$222 million in buyback value
hweetan@sph.com.sg@HweetanBT

Singapore

SHARE buybacks for Singapore-listed counters rose to a 30-month high in March, with 26 companies purchasing some 86 million shares at S$222 million - 65 per cent higher than the S$134 million in February 2018.

The value is the highest reported for such transactions since