Chairmen lead insider buying as earnings season begins
Twenty primary-listed companies conduct buybacks totalling S$20 million, half the previous week’s run rate
Over the five trading days from October 16 to 22, more than 70 filings were made regarding directors' interests and substantial shareholdings in 40 primary-listed companies. Among these, 20 companies conducted buybacks with a total value of S$20 million, which represents half the previous week's buying activity as the earnings season commenced. UOB was the leading company in buybacks, amounting to S$8.1 million, followed by ST Engineering with S$5.1 million.
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