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Keppel Corp announces $500 mil share buyback

Jovi Ho
Jovi Ho1/27/2022 5:38 PM GMT+08  • 2 min read
Keppel Corp announces $500 mil share buyback
The $500 million programme could take more than a year to be completed, says Keppel.
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Keppel Corporation Limited (Keppel) has established a $500 million share buyback programme, pursuant to the share purchase mandate granted by its shareholders at the company’s annual general meeting (AGM).

Keppel’s share purchase mandate, as approved by shareholders at the last AGM in April 2021, allows the purchase of up to a maximum of 2% of its issued shares for the duration of the mandate.

The $500 million programme could take more than a year to be completed, says Keppel in a Jan 27 press release.

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