Sarine Technologies (SGX:U77) repurchased 15,000 shares in the open market on Tuesday for SG$3,488, or SG$0.23 apiece, according to a same-day filing with the Singapore Exchange.
The chemicals company has been authorized to buy back up to 17.2 million shares under its current mandate. To date, it has bought back 7.3 million shares.
Shares of the chemicals company were down over 2% in recent trading.
Price (SGD): S$0.23, Change: S$-0.0050, Percent Change: -2.17%