SGX:Z74Telecom
Singapore Telecommunications (SGX:Z74) Raised S$1b From A Stake Sale, Is It Still Cheap?
Singapore Telecommunications (SGX:Z74) has drawn fresh attention after raising about S$1b from selling a 2.8% stake in Gulf Development, with the cash earmarked for share buybacks, dividends and digital infrastructure projects.
See our latest analysis for Singapore Telecommunications.
The share price of Singapore Telecommunications has pulled back recently, with a 30 day share price return of 2.86% and a 90 day share price return of a 10.91% decline. However, longer term total shareholder...