Sarine Technologies (SGX:U77) repurchased 50,000 shares in the open market on Monday for SG$10,865, according to a Tuesday filing with the Singapore Exchange.
The chemicals company has been authorized to buy back 17.2 million shares under its current mandate. To date, it has bought back nearly 7.4 million shares.
Shares of the chemicals company were down over 2% in recent trading.
Price (SGD): S$0.22, Change: S$-0.0050, Percent Change: -2.27%