Yangzijiang Shipbuilding Soars 4.12% Following SG$3.9 Million Share Buyback

Stock Track

11 Apr

Yangzijiang Shipbuilding (SGX:BS6) saw its stock price soar by 4.12% during intraday trading on Friday, following the company's announcement of a significant share buyback. The shipbuilder's latest move to repurchase its own shares has sparked investor interest, driving the stock to new heights.

According to a filing with the Singapore Exchange, Yangzijiang Shipbuilding bought back 2 million shares in the open market on Thursday for a total of SG$3.9 million. This latest buyback is part of a larger program authorized by the company, which permits the repurchase of approximately 395.1 million shares. To date, the company has already bought back 9 million shares, demonstrating a consistent commitment to this strategy.

Share buybacks are often viewed favorably by investors as they can potentially increase the value of remaining shares and signal management's confidence in the company's future prospects. By reducing the number of outstanding shares, earnings per share can increase, making the stock more attractive to investors. The market's positive reaction to Yangzijiang Shipbuilding's buyback suggests that investors are interpreting this move as a sign of the company's financial strength and optimistic outlook for its business.

YZJ Shipbldg SGD soars 4.12% at 2:41 pm, Apr 11th.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1117481804"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1117481804\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/1117481804?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-11 14:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1117481804","market":"nz","top_or_hot":-1,"title":"Yangzijiang Shipbuilding Soars 4.12% Following SG$3.9 Million Share Buyback","media":"Stock Track","content":"<html><head></head><body><p>Yangzijiang Shipbuilding (SGX:BS6) saw its stock price soar by 4.12% during intraday trading on Friday, following the company&#39;s announcement of a significant share buyback. The shipbuilder&#39;s latest move to repurchase its own shares has sparked investor interest, driving the stock to new heights.</p><p>According to a filing with the Singapore Exchange, Yangzijiang Shipbuilding bought back 2 million shares in the open market on Thursday for a total of SG$3.9 million. This latest buyback is part of a larger program authorized by the company, which permits the repurchase of approximately 395.1 million shares. To date, the company has already bought back 9 million shares, demonstrating a consistent commitment to this strategy.</p><p>Share buybacks are often viewed favorably by investors as they can potentially increase the value of remaining shares and signal management&#39;s confidence in the company&#39;s future prospects. By reducing the number of outstanding shares, earnings per share can increase, making the stock more attractive to investors. The market&#39;s positive reaction to Yangzijiang Shipbuilding&#39;s buyback suggests that investors are interpreting this move as a sign of the company&#39;s financial strength and optimistic outlook for its business.</p><p> <a href=\"https://laohu8.com/S/BS6.SI\">YZJ Shipbldg SGD</a> soars 4.12% at 2:41 pm, Apr 11th.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/05edaf67eb08bc1a04db43d9efd8d6d0\" tg-width=\"898\" tg-height=\"639\"/></p><p></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yangzijiang Shipbuilding Soars 4.12% Following SG$3.9 Million Share Buyback</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYangzijiang Shipbuilding Soars 4.12% Following SG$3.9 Million Share Buyback\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-04-11 14:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Yangzijiang Shipbuilding (SGX:BS6) saw its stock price soar by 4.12% during intraday trading on Friday, following the company&#39;s announcement of a significant share buyback. The shipbuilder&#39;s latest move to repurchase its own shares has sparked investor interest, driving the stock to new heights.</p><p>According to a filing with the Singapore Exchange, Yangzijiang Shipbuilding bought back 2 million shares in the open market on Thursday for a total of SG$3.9 million. This latest buyback is part of a larger program authorized by the company, which permits the repurchase of approximately 395.1 million shares. To date, the company has already bought back 9 million shares, demonstrating a consistent commitment to this strategy.</p><p>Share buybacks are often viewed favorably by investors as they can potentially increase the value of remaining shares and signal management&#39;s confidence in the company&#39;s future prospects. By reducing the number of outstanding shares, earnings per share can increase, making the stock more attractive to investors. The market&#39;s positive reaction to Yangzijiang Shipbuilding&#39;s buyback suggests that investors are interpreting this move as a sign of the company&#39;s financial strength and optimistic outlook for its business.</p><p> <a href=\"https://laohu8.com/S/BS6.SI\">YZJ Shipbldg SGD</a> soars 4.12% at 2:41 pm, Apr 11th.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/05edaf67eb08bc1a04db43d9efd8d6d0\" tg-width=\"898\" tg-height=\"639\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BS6.SI","symbol_name":"扬子江船业","start_time":0,"source_url":"","article_id":"1117481804","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117481804","pubTimestamp":1744352309,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Yangzijiang Shipbuilding  saw its stock price soar by 4.12% during intraday trading on Friday, following the company's announcement of a significant share buyback. The shipbuilder's latest move to repurchase its own shares has sparked investor interest, driving the stock to new heights.According to a filing with the Singapore Exchange, Yangzijiang Shipbuilding bought back 2 million shares in the open market on Thursday for a total of SG$3.9 million. This latest buyback is part of a larger progra","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BS6.SI":"扬子江船业"},"translate_title":"扬子江船业回购390万新加坡元股票后股价飙升4.12%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BS6.SI":1},"content_text":"Yangzijiang Shipbuilding (SGX:BS6) saw its stock price soar by 4.12% during intraday trading on Friday, following the company's announcement of a significant share buyback. The shipbuilder's latest move to repurchase its own shares has sparked investor interest, driving the stock to new heights.According to a filing with the Singapore Exchange, Yangzijiang Shipbuilding bought back 2 million shares in the open market on Thursday for a total of SG$3.9 million. This latest buyback is part of a larger program authorized by the company, which permits the repurchase of approximately 395.1 million shares. To date, the company has already bought back 9 million shares, demonstrating a consistent commitment to this strategy.Share buybacks are often viewed favorably by investors as they can potentially increase the value of remaining shares and signal management's confidence in the company's future prospects. By reducing the number of outstanding shares, earnings per share can increase, making the stock more attractive to investors. The market's positive reaction to Yangzijiang Shipbuilding's buyback suggests that investors are interpreting this move as a sign of the company's financial strength and optimistic outlook for its business. YZJ Shipbldg SGD soars 4.12% at 2:41 pm, Apr 11th.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}