DBS Group Buys Back, Cancels Shares Worth SG$27 Million

MT Newswires
14 Apr

DBS Group (SGX:D05) bought back and canceled 700,000 shares worth SG$26.7 million in the open market on Friday, according to a same-day filing with the Singapore Exchange.

The bank has been authorized to buy back about 85.3 million shares under its current mandate. To date, it has bought back roughly 4.4 million shares.

DBS shares gained 1.8%.

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