Seatrium (SGX:S51) repurchased 2.9 million shares in the open market on Wednesday for SG$5.2 million, or SG$1.8066 apiece, according to a same-day filing with the Singapore Exchange.
The ship repair company has been authorized to buy back 68.2 million shares under its current mandate. To date, it has bought back around 32.9 million shares.