42.86cents of indirect dividend from the buyback

doctorpot1
2022-07-31

$HONGKONG LAND HOLDINGS LIMITED(H78.SI)$announced another $500m for share buyback. Which means they have allocated $1billion for share buyback already. A share buyback is kind of an indirect dividend that is paid to all shareholders. With $1b in share buyback that is equivalent to a dividend of about 42.86 cents per share.

The previous time they announce the first $500m of share buyback the share price went from $4.20 to a high of $5.77. This is time round will it go from from $4.86 to $6.36?

https://www.sgx.com/mobileapp?action=view&cat=company-announcements&id=82J89E3SS8AUTROV

https://www.businesstimes.com.sg/stocks/hot-stock-hongkong-land-surges-as-much-as-136-on-proposed-us500m-share-buyback-plan

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Comments

  • BruceBryant
    2022-08-01
    BruceBryant
    Well, I am really really bearish on reits stocks now
    • doctorpot1: 
      due to rising interest rate? most reit have fix interest rate and is for a few years. and if they can raise rent as well, then DPU can maintain or go up. so depends on which reit
  • WendyDelia
    2022-08-01
    WendyDelia
    Is a share buyback good for the share price?
    • doctorpot1: 
      generally it is. because the company is buying back share so there is a huge buying pressure which push up share price. then speculators also come and hoping to scalp and push it up again. however the
    • doctorpot1: 
      Good thing about buyback is the signal mgmt is giving to shareholder. they thinking shares too cheap so they buying back. although some mgmt might do it just to manipulate price
    • doctorpot1: 
      the most important part is the signal that the management is giving to shareholders. they are saying the price too cheap so they buying back share. however some mgmt might just buyback to manipulate
  • 丽娜shi
    2022-10-29
    丽娜shi
    买入
  • GOKUst
    2022-07-31
    GOKUst
    Okok
  • Wil17
    2022-07-31
    Wil17
    Wah buy
  • EY12
    2022-07-31
    EY12
    hi
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