Hot stock: CDL rises 3.7% on share buyback exercise

Hot stock: CDL rises 3.7% on share buyback exercise

March 11, 2024 / Riah Marton /


SHARES of City Developments (CDL) rose steadily on Monday (Mar 11) after the property developer announced it had initiated share buybacks for its ordinary shares on the open market.

As at 1.40 pm after the midday trading break, the counter gained as much as S$0.21 or 3.7 per cent to S$5.96 after 2.3 million…



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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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