Singtel leads August buybacks with S$55.6 million purchase of nearly 13 million shares
In first eight months of the year, telco’s S$948 million buybacks account for half the market total
In August, telecommunications company Singtel was the leading primary-listed company on the Singapore Exchange (SGX) in terms of share buyback spending, purchasing S$55.6 million worth of shares, or roughly 13 million of them. The average price per share was S$4.277, according to SGX data released on Wednesday, September 2. For the first eight months of 2026, Singtel accounted for S$948.6 million, or around 45%, of the total buyback consideration on the bourse.
During its annual general meeting on July 29, Singtel's management announced that its value realization share buyback program will return up to S$2 billion to shareholders over a period of three years.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
