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from sgx announcements - since 11/3, jmh has has bought back...

from sgx announcements
- since 11/3, jmh has has bought back 2,249,200@37.667,
- since 28/5, 1947 trust has bought back 786,000@37.257
- butterfield received 1,625,453 in scrip dividend and sold 271,650 of it recently

And butterfield has been selling 10-15% of their scrip dividend each time, so butterfield selling shares are actually not a concern but is what they doing every year

In may 23, butterfield received dividend scrip 1,147,057, and disposed 148,300

In Oct 23, received dividend scrip 477,996, sell 58,903

And now may 24, received scrip 1,625,454, sell 271,600

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