ET 02:01

SGH Approves AUD 500 Million On-Market Share Buyback

SGH Ltd. (SGH) announced on June 22, 2026, that its board has approved an on-market share buyback program of up to AUD 500 million. The initiative, effective immediately, aims to enhance shareholder value and improve the company's earnings per share. The buyback will be conducted through open market purchases, with the specific timing and volume of shares acquired dependent on prevailing market conditions and other factors. This program reflects SGH's commitment to capital management and confidence in its financial position.

EditorWong Mei Ling