Seatrium (SGX:S51) repurchased 1.2 millions shares in the open market on Tuesday for SG$2.0 million, or SG$1.6994 apiece, according to a same-day filing with the Singapore Exchange.
The marine engineering company has been authorized to buy back 68.2 million shares under its current mandate.
To date, it has bought back 12.7 million shares, the filing said.