Buyback Consideration Surpasses S$900M in Early 2026

SGX

May 05

Over the first four months of 2026 (4M26), more than 50 primary‑listed stocks in Singapore bought back S$911M of shares on the open market, up from about S$750M in 4M25 and S$343M in 4M24. Secondary ...

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Secondary ...</p>\n\n<a href=\"https://www.sgx.com/research-education/market-updates/20260505-buyback-consideration-surpasses-s900m-early-2026\">Source Link</a>\n\n</div>\n","source":"sgx_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buyback Consideration Surpasses S$900M in Early 2026</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuyback Consideration Surpasses S$900M in Early 2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-05 00:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.sgx.com/research-education/market-updates/20260505-buyback-consideration-surpasses-s900m-early-2026><strong>SGX</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the first four months of 2026 (4M26), more than 50 primary‑listed stocks in Singapore bought back S$911M of shares on the open market, up from about S$750M in 4M25 and S$343M in 4M24. Secondary ...</p>\n\n<a href=\"https://www.sgx.com/research-education/market-updates/20260505-buyback-consideration-surpasses-s900m-early-2026\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CTO.SI","symbol_name":"HONG LAI HUAT GROUP LIMITED","start_time":0,"source_url":"https://www.sgx.com/research-education/market-updates/20260505-buyback-consideration-surpasses-s900m-early-2026","article_id":"2633291516","we_media_id":null,"thumbnails":[],"rights":{"source":"sgx_stock","url":"https://www.sgx.com/research-education/market-updates/20260505-buyback-consideration-surpasses-s900m-early-2026","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2633291516","pubTimestamp":1777910400,"columns":[],"sourceInfo":{"source_id":"sgx_stock","name":"SGX"},"weMediaInfo":null,"summary":"Over the first four months of 2026 (4M26), more than 50 primarylisted stocks in Singapore bought back S$911M of shares on the open market, up from about S$750M in 4M25 and S$343M in 4M24. Secondary st","collect":0,"end_time":0,"defaultTopTitle":"sgx.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CTO.SI":"HONG LAI HUAT GROUP LIMITED","BK6117":"房地产开发","BK6512":"房地产股"},"translate_title":"2026年初回购对价将超过9亿新元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CTO.SI":0.66},"content_text":"Over the first four months of 2026 (4M26), more than 50 primary‑listed stocks in Singapore bought back S$911M of shares on the open market, up from about S$750M in 4M25 and S$343M in 4M24. Secondary stocks Jardine Matheson and Hongkong Land both bought back close to US$211M and US$89M respectively in 4M26.  Singtel, OCBC and Keppel led the consideration tally, jointly repurchasing a combined consideration of S$636M. Non-STI stocks that led the consideration tally included The Hour Glass, Hong Fok, Chuan Hup, Hong Lai Huat and Food Empire, with a combined consideration S$28.5M through market acquisitions. Under its FY25 share buyback mandate, Hong Lai Huat Group repurchased 35.3 million shares, equivalent to about 6.8% of issued share capital. Management has said the programme was intended to return excess cash, moderate short‑term share price volatility, and provide capital management flexibility through treasury shares.Companies often repurchase shares to support employee compensation plans or to deploy surplus capital more effectively. ACRA maintain that buybacks can enhance key financial metrics such as Earnings per Share (EPS) and Return on Equity (ROE), take advantage of perceived undervaluation, and reduce the overall cost of capital. Over the first four months of 2026 (4M26), more than 50 primary-listed companies in Singapore have collectively repurchased S$911 million worth of shares on the open market, from around S$750 million during 4M25 and S$343 million in 4M24.Secondary stocks were also active on buybacks in 4M26, with Hongkong Land Holdings repurchasing about 11.0 million shares for US$88.5 million at an average price of US$8.08 and Jardine Matheson Holdings repurchasing about 2.85 million shares for US$211.6 million, at an average price of US$74.15 per share. The table below details the share buybacks by primary-listed companies by way of on-market acquisitions in 4M26. Note the table does not include buybacks for listing conducted on other exchanges as well as buybacks conducted for REITs, Business Trusts and Stapled Trusts.Share Buybacks by Primary-listed Companies by way of Market AcquisitionNumber of Shares Purchased Buyback Consideration (incl. stamp duties & clearing charges) S$   Avg price paid per share S$Share Buybacks by Primary-listed Companies by way of Market AcquisitionNumber of Shares Purchased Buyback Consideration (incl. stamp duties & clearing charges) S$   Avg price paid per share S$SINGAPORE TELECOMMUNICATIONS 61,214,605$299,823,7694.89817LIVE GROUP 460,000$505,9781.100OVERSEA-CHINESE BANKING CORP9,600,000$209,870,17721.861ATTIKA GROUP 1,123,700$439,2460.391KEPPEL 10,495,400$126,482,60612.051VIBRANT GROUP 2,500,000$389,7360.156UNITED OVERSEAS BANK 2,034,000$74,501,86336.628TELECHOICE INTERNATIONAL 1,390,100$343,0370.247SINGAPORE TECHNOLOGIES ENGINEERING 5,750,000$59,411,90910.333INTRACO 888,405$336,4660.379SATS 9,554,200$34,968,0323.660SIA ENGINEERING COMPANY 83,600$259,4293.103SINGAPORE AIRLINES 3,000,000$20,240,9606.747KARIN TECHNOLOGY HLDGS 876,500$233,6760.267SEATRIUM 7,500,000$17,860,7902.381OXLEY HLDGS 2,337,600$190,4540.081SINGAPORE EXCHANGE 950,000$16,779,42417.663NORDIC GROUP 239,300$129,8000.542THE HOUR GLASS  4,496,900$10,424,5562.318CSC HLDGS 7,330,000$113,5530.015HONG FOK CORPORATION 10,807,600$9,904,8660.916TREK 2000 INTERNATIONAL 1,109,900$113,4240.102VENTURE CORPORATION 257,200$4,009,28015.588CREDIT BUREAU ASIA 89,700$113,1701.262GENTING SINGAPORE 5,400,000$3,632,5140.673ALLIANCE HEALTHCARE GROUP 529,600$78,1140.147CHUAN HUP HLDGS 14,865,900$3,510,5190.236LINCOTRADE & ASSOCIATES HLDGS 271,600$75,3380.277HONG LAI HUAT GROUP 30,053,700$2,580,6340.086SARINE TECHNOLOGIES 312,000$66,9890.215FOOD EMPIRE HLDGS 794,700$2,100,9202.644GHY CULTURE & MEDIA HOLDING434,700$63,3790.146FIRST RESOURCES 1,017,600$2,009,2921.975BAKER TECHNOLOGY 127,200$63,0570.496A-SONIC AEROSPACE 3,208,900$1,668,5720.520MICRO-MECHANICS (HLDGS) 26,300$50,0181.902IFAST CORPORATION 173,100$1,546,0758.932ASPIAL CORPORATION 250,000$34,6110.138FRASER AND NEAVE 995,200$1,439,0121.446OCEAN SKY INTERNATIONAL 505,000$23,6840.047GLOBAL INVESTMENTS 7,291,200$932,9960.128JASON MARINE GROUP 145,000$20,5730.142COMFORTDELGRO CORPORATION 501,400$726,9481.450YKGI 121,000$18,4710.153HOCK LIAN SENG HLDGS 1,660,500$691,6120.417KODA 45,000$15,7600.350KINGSMEN CREATIVES 1,300,700$666,9000.513ST GROUP FOOD INDUSTRIES HLDGS 50,000$6,8480.137PAN-UNITED CORPORATION 413,100$584,6921.415NEW TOYO INTERNATIONAL HLDGS 23,000$5,2990.230KIMLY 1,371,400$538,6820.393 Source: SGX (Data as of 30 April 2026)Singapore Telecommunications led the local market’s 4M26 buyback consideration with 61.2 million shares acquired at an average price of S$4.898 and total consideration of S$300 million. Its share repurchases were for both employment compensation plans and its value realisation share buyback programme. Singtel’s Board has authorised a share buyback programme of up to S$2 billion as part of active capital management. This is the first time such a programme has been implemented and funding for the programme is underpinned by excess capital generated from asset recycling proceeds.Hong Lai Huat Group: FY25 Turnaround with Capital Management DisciplineUnder its FY25 share buyback mandate, Hong Lai Huat Group repurchased 35.3 million shares, representing around 6.81% of its issued share capital at the time. The Company states that the buyback programme is intended to return cash not required for working capital, reduce short‑term share price volatility, and manage speculative trading. It also notes that shares bought back may be held as treasury shares, providing flexibility in capital management, including supporting future fund‑raising without issuing new shares.At the AGM on 30 April 2026, shareholders approved the renewal of the Share Purchase Mandate, with the Ong family and related parties abstaining from voting in line with Take‑over Code requirements. The approval confirms that independent shareholders have accepted that any increase in the controlling shareholders’ stake arising solely from share buybacks under the FY26 mandate will not trigger a mandatory takeover offer.The bought back shares for FY25 were acquired at an average price of S$0.086 per share, while the share price ended April at S$0.092. The stock’s average daily turnover (ADT) in the first four months of 2026 rose to S$0.57 million, from S$0.003 million in the same period in 2025. As at end‑April, the five‑day average bid‑offer spread had narrowed to about 129 basis points, a significant compression from year‑earlier levels.Hong Lai Huat Group’s FY25 (ended 31 December) marked a turnaround from losses in the prior year, driven by property reclassification gains and an operational ramp‑up in the marble mining business, even as operating cash flow remained negative due to ongoing operating and development costs. The Group’s marble mining operations are in Aoral District, Kampong Speu Province, Cambodia and focus on the extraction and supply of raw natural stone primarily for export markets.The stock’s ROE rose to about 13% on the FY25 results, while the stock trades at around 0.4 times book value.Looking into FY26, Hong Lai Huat Group maintains a cautious but disciplined outlook. Management continues to prioritise cost control, asset utilisation, and balance sheet resilience, while gradually scaling the marble mining division following the operational ramp‑up in FY25. In property, the focus remains on stabilisation and recurring rental income from investment properties as residential market conditions in Cambodia remain soft. Enjoying this read?Subscribe now to our SGX My Gateway newsletter for a compilation of latest market news, sector performances, new product release updates, and research reports on SGX-listed companies.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}