Insider buying broadens while Keppel, UOB lead buybacks
19 primary-listed companies conduct buybacks with total consideration of S$36 million
The Business Times reports that 19 primary-listed companies conducted buybacks with a total consideration of S$36 million over five sessions from September 4 to September 10. This activity was led by Keppel and UOB, whose combined buyback amounted to S$36 million. Additionally, there were 60 director interests and substantial shareholdings filed for more than 30 primary-listed stocks, with 14 acquisitions and three disposals reported.
The report also highlights several notable acquisitions, including Ho Bee Holdings' purchase of 210,600 shares in Ho Bee Land for S$428,276, which increased the executive chairman's deemed interest to 76.10%.
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