

Boustead Projects’ Share Buyback Mandate (Mandate) was approved by shareholders at an Extraordinary General Meeting held at the beginning of FY2017 and has been renewed annually ever since then. The Mandate authorises our purchase of shares according to the terms of the Mandate.
The rationale for our purchase of shares is as follows:
We will only purchase shares pursuant to the Mandate if it can benefit us and our shareholders. No purchase of shares will be made in circumstances which would have or may have a material adverse effect on our liquidity and capital adequacy position as a whole and/or affect our listing status on the SGX. It should be noted that there is no assurance that the Mandate will achieve the desired effects and that such effects, if achieved, can be sustained in the longer term.
Purchase Date | Number of Shares Purchased | Price Paid per Share (S$) | Number of Treasury Shares Held after Purchase | Number of Issued Shares Held after Purchase (Excluding Treasury Shares) |
---|---|---|---|---|
17 Aug 2021 | 30,000 | 0.985 – 0.990 | 6,739,369 | 313,260,631 |
10 Aug 2021 | 18,100 | 1.070 | 6,439,369 | 313,560,631 |
19 Mar 2021 | 121,500 | 1.000 | 8,972,260 | 311,027,740 |
18 Mar 2021 | 170,100 | 0.975 – 1.000 | 8,850,760 | 311,149,240 |
12 Mar 2018 | 5,628,300 | 0.800 | 11,093,855 | 308,906,145 |
9 Mar 2018 | 5,338,100 | 0.800 | 5,465,555 | 314,534,445 |
13 Feb 2018 | 77,000 | 0.880 | 127,455 | 319,872,545 |
8 Jan 2018 | 27,700 | 0.880 | 50,455 | 319,949,545 |
11 Aug 2017 | 60,000 | 0.845 – 0.870 | 377,800 | 319,622,200 |
10 Jul 2017 | 18,000 | 0.900 | 317,800 | 319,682,200 |
30 May 2017 | 50,000 | 0.855 – 0.860 | 299,800 | 319,700,200 |
23 May 2017 | 50,000 | 0.850 – 0.860 | 249,800 | 319,750,200 |
20 Apr 2017 | 20,000 | 0.860 | 199,800 | 319,800,200 |
19 Apr 2017 | 18,200 | 0.855 – 0.860 | 179,800 | 319,820,200 |
18 Apr 2017 | 11,600 | 0.855 – 0.860 | 161,600 | 319,838,400 |
17 Apr 2017 | 50,000 | 0.860 | 150,000 | 319,850,000 |
3 Apr 2017 | 60,000 | 0.850 | 100,000 | 319,900,000 |
31 Mar 2017 | 40,000 | 0.860 – 0.865 | 40,000 | 319,960,000 |