Over the four sessions through to the June 4 close, 22 primary-listed companies conducted buybacks with a total consideration of S$97 million. Singapore Telecommunications again led the buyback tally, with 13.3 million shares at an average price of S$4.33, purchased under the S$2 billion value realisation share buy-back programme Over the five sessions, more than 80 director interests and substantial shareholdings were filed for over 40 primary-listed stocks. Directors or CEOs reported 17 acquisitions and four disposals, while substantial shareholders recorded seven acquisitions and three disposals. 1. $Ho Bee Land(H13.SI)$ Across 28 and 29 May, Ho Bee Holdings acquired a combined 334,700 shares for total consideration of S$702,358, implying an
Singapore Market – STI edges up 0.24% as banks & Thai SDRs lifted
$Straits Times Index(STI.SI)$ gained 0.24% and closed at 5,049.96, as strength in local banks and Thai SDRs offset sharp declines in Indonesian financials. Sectors: Aluminum (+34.85%), Forest Products (+24.93%), Independent Power Producers (+12.72%), Electronic Equipment & Instruments (+12.07%), and Specialty Stores (+7.81%). 10 Popular Stocks: $Gulf Dev TH SDR 1to1(TGUD.SI)$ +12.27% — The Thai power and telecom conglomerate's SDR rallied on core profit growth and diversification synergies from its merged energy and telecom businesses. $Airports TH TH SDR1to1(TATD.SI)$ +6.51% — The Thai airport operator's SDR climbed on tourism recovery optimism and
Semiconductor Test, Equipment and AI Demand Driving Flows and Re rating
The semiconductor value chain runs from chip design and wafer fabrication through equipment, materials, testing and packaging to system manufacturing and final hardware. The Singapore Technology sector is positioned primarily in equipment, testing, and hardware segments. Across the 49 stocks in the local Technology sector, around a dozen companies operate directly within the semiconductor production and testing chain. The majority are positioned in adjacent manufacturing, system integration, infrastructure, and software layers. These companies use semiconductors but do not participate in chip fabrication. These twelve companies span the core execution layers of semiconductor production. This includes testing and validation with $AEM SGD(AWX.SI)$
Singapore Share Buybacks Near S$1.3B in First Five Months of 2026
Companies often repurchase shares to support employee compensation plans or to deploy surplus capital more effectively. ACRA maintains 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 five months of 2026 (5M26), 57 primary-listed companies in Singapore have collectively repurchased S$1.26 billion worth of shares on the open market, up from around S$930 million during 5M25 and S$505 million in 5M24. MU 03062026 Pic 1 Secondary stocks were also active on buybacks over the past 5 months. $JMH USD(J36.SI)$ repurchased more than 2.9 million shares for ~US$217 million at an average price of US$7
Over the five sessions, more than 80 director interests and substantial shareholdings were filed for around 35 primary-listed stocks. Directors or CEOs reported five acquisitions and two disposals, while substantial shareholders recorded 12 acquisitions and four disposals. This included CEO or director acquisitions filed for Aspial Lifestyle, First Resources, Geo Energy Resources and Nera Telecommunications. Azure Capital’s acquisition of 22,074,000 shares of Trek 2000 International under a share purchase agreement entered on 11 May was completed on 26 May, resulting in Azure Prime Fund VCC - Azure Singapore Equity Fund becoming a substantial shareholder with a deemed 7.3% interest. 1. $NamCheong(1MZ.SI)$ Ginko‑AGT Global Growth Fund