Share buybacks rise to $911m in first 4 months of 2026

Singtel, OCBC, and Keppel led the tally, jointly repurchasing S$636m worth of shares.

More than 50 primary-listed companies in Singapore bought back $911m worth of shares on the open market in the first four months of 2026, up from about $750m a year earlier and $343m in the same period in 2024, according to SGX.

Singtel, OCBC, and Keppel led the buyback tally, jointly repurchasing $636m worth of shares.
Singtel recorded the largest buyback consideration, acquiring 61.2 million shares for about $300m at an average price of $4.898 per share.

SGX said the repurchases were for both employment compensation plans and Singtel’s value realisation share buyback programme.

OCBC bought back 9.6 million shares for about $209.9m, whilst Keppel repurchased 10.5 million shares for about $126.5m.

Other STI constituents that conducted buybacks included UOB, Singapore Technologies Engineering, SATS, Singapore Airlines, Seatrium, and Singapore Exchange.

Among non-STI stocks, The Hour Glass, Hong Fok, Chuan Hup, Hong Lai Huat, and Food Empire led the tally with a combined $28.5m in market acquisitions.

Secondary-listed stocks were also active. Jardine Matheson repurchased about US$211.6m worth of shares, whilst Hongkong Land bought back about US$88.5m.

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