Singtel Establishes Share Buyback Program Worth SG$2 Billion; Shares Jump 3%

MT Newswires

2025/05/22

Singapore Telecommunications (SGX:Z74) established its first share buyback program of up to SG$2 billion worth of shares, according to a Thursday filing with the Singapore Exchange.

The program is part of the group's capital management strategy to drive sustained growth and provide value to shareholders.

Shares of the company were up nearly 3% in recent trading.

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