- S$81 million in Share #Buybacks in January 2016
- In the month of January 2016, there were a total of 85,323,600 shares repurchased by 44 stocks, with a total consideration of S$80.9 million. This compared to S$97.2 million in January 2015 and S$63.1 million in December 2015.
- There are two common motivations for a listed company to buy shares back from the open market – when they feel that their share price has been undervalued or simply to facilitate employee share option schemes.
- The five stocks with the largest considerations in buybacks in the month of January 2016 were #DBS Group Holdings, #Oversea-Chinese Banking Corporation, #Q & M Dental Group (Singapore), #Silverlake Axis and #Wing Tai Holdings.