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Hot stock: CDL rises 3.7% on share buyback exercise

March 11, 2024
in Business
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Hot stock: CDL rises 3.7% on share buyback exercise
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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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Tags: BuybackCDLExerciseHotRisesSharestock
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I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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