<div id="readability-page-1"><div><p>[SINGAPORE] Share buybacks on the Singapore Exchange (SGX) have surged to a 10-year high, the local bourse reported on Monday (Nov 3).</p><p>Companies ramped up repurchases amid broad market volatility. In the first 10 months of 2025, 78 primary-listed companies bought back shares with a total consideration of S$1.91 billion. This represents a jump of about 90 per cent from the S$1.01 billion recorded for the same period last year.</p><p>The 10-month figure for 2025 also figure surpasses the S$1.89 billion recorded for the full year in 2015. That was the last time buyback activity reached such levels, when there was a similar bout of volatility in the market. </p><p>This S$1.91 billion figure excludes off-market share buybacks, repurchases from secondary-listed companies, and unit buybacks by Singapore-listed real estate investment trusts.</p><p>A sharp 8 per cent drop in the Straits Times Index (STI) during the first two weeks of April 2025 coincided with about a quarter of the buybacks seen in the year to date.</p><h2>Blue-chips lead, SMIDs participate</h2><p>The activity has been heavily concentrated among blue-chip counters. Of the S$1.91 billion total, a staggering S$1.76 billion, or 92 per cent, was contributed by just 11 large-cap stocks with market capitalisations exceeding S$10 billion.</p><p>In contrast, small and mid-cap (SMID) companies accounted for S$144 million; stocks with less than S$100 million in market cap made up the remaining S$6 million.</p><p>Among the SMIDs,  17Live Group  led with the highest ratio of filed buyback considerations to current market capitalisation. The company repurchased S$6.2 million worth of its shares this year at an average price of S$0.925, representing 3.4 per cent of its current market capitalisation. </p><p>Another active SMID was  Global Investments , which repurchased S$4.5 million worth of its shares at an average price of S$0.126 apiece.</p><h2>Catalist and off-market activity</h2><p>Sixteen Catalist-listed companies conducted buybacks in the first 10 months of 2025.</p><p> Jason Marine Group  conducted its first share buyback since 2015 on Sep 1. This followed a strong performance for its 2025 financial year, with revenue climbing 40 per cent year on year to S$48.6 million, and profit after tax jumping to S$777,000 from S$180,000 a year earlier.</p><p> Ocean Sky International  also initiated its first buyback on Oct 14 after returning to profitability in the first half of its FY2025.</p><p>While not included in the primary-listed tally, SGX noted other significant buybacks that occurred, including secondary-listed  Hongkong Land , which bought back 38.7 million shares for US$222.9 million this year. </p><p> Stoneweg Europe Stapled Trust  also bought back 2,251,200 units on its current mandate, in addition to 1,505,300 of its units on the previous mandate. </p><p>On Jun 10,  City Developments Ltd  executed an off-market equal access scheme, repurchasing 10 per cent of its outstanding preference shares at S$0.78 apiece.</p></div></div>

<p>在新加坡交易所（SGX），2025 年前 10 個月的股票回購達到了 10 年來的最高水平，達到 19.1 億新元，比去年同期的 10.1 億新元增長了 90%。這一激增歸因於市場波動，其中 92% 的回購總額來自 11 只大盤股。中小型公司貢獻了 1.44 億新元。值得注意的回購包括 17Live Group 和 Global Investments。此外，Catalist 上市公司也參與了回購，Jason Marine Group 和 Ocean Sky International 的活動尤為顯著</p>

新加坡交易所的股票回購金額達到 10 年來的高點，達 19.1 億新加坡元