Yangzijiang Shipbuilding paid between $1.85 to $1.9 for 2 million shares, or $3.75 million in total. The China-based, Singapore-listed shipbuilder lost 11.52% for the day.
United Overseas Bank, which suffered a drop of 6.29% for the day, paid between $29.68 and $34.21 each for 100,000 shares, spending some $3.33 million.
Singapore Technologies Engineering, the best-performing STI component stock year to date with a run of more than 40%, suffered a 7.03% drop on April 7. It paid between $6.16 and $6.36, or $3.13 million, to buy back 500,000 shares.
Singapore Airlines, according to an April 8 filing, paid between $6.04 and $6.27 each for 500,000 shares, spending some $3 million.
See also: UOB CEO Wee Ee Cheong purchases 150,000 shares at $33.757 per share after 3QFY2025 results
SGX Group, meanwhile, paid between $11.86 and $12.15, or $1.81 million, for 150,000 shares. SGX closed at $11.79, down 9.45%.
Venture Corp paid an average of $10.88 to buy back 50,000 shares, spending just over $544,000. The manufacturer dropped 8.88% for the day.
Besides companies buying back shares, controlling shareholders raised stakes too. Kuok Khoon Hong of Wilmar International (SGX:F34
) , which is already buying more shares regularly, used various vehicles he controls to buy 598,9000 shares, paying an average of $3.018 for a total of $3.33 million. Wilmar closed at $3.08, down 5.81% for the day.
