SGX share buybacks down 67% to $97.2m in January

Check out which stocks have the largest consideration.

SGX announces that for the month of January, there were a total of 100,126,800 shares repurchased by 24 stocks with a total consideration of S$97.2 million, compared to $262.2m in December.

The five stocks with the largest consideration amount in buybacks were Singapore Technologies Engineering, Genting Singapore PLC, Hyflux, SATS and Biosensors International.

Share buybacks are a process where a share issuer repurchases some of its outstanding shares from shareholders through open market transactions.

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