Trek 2000 International (SGX:5AB) bought back 4,400 shares in the open market on Monday for SG$282, or SG$0.064 apiece, according to a same day filing with the Singapore Exchange.
The company has been authorized to buy back 31.3 million shares under its current mandate. To date, it has bought back 234,600 shares.
The company's shares rose nearly 2% in recent trade.
Price (SGD): S$0.07, Change: S$+0.0010, Percent Change: +1.56%