MTQ (SGX:M05) repurchased 17,500 shares at SG$0.25 each, totaling SG$4,404 on Thursday, according to a same-day filing on the Singapore Exchange.
The engineering and oilfield services firm has now bought back 1.1 million shares, representing 0.5% of its issued stock, under its ongoing share buyback mandate.
Shares gained 2% in Friday's morning trade.
Price (SGD): S$0.26, Change: S$+0.0050, Percent Change: +2.00%