MTQ (SGX:M05) bought back 50,800 shares in the open market on Tuesday for SG$12,734 or SG$0.25 apiece, according to a same-day filing with the Singapore Exchange.
This was the company's first buy back from its recent buy back mandate under which it can repurchase around 22.5 million shares.
Shares of the company were up over 4% in recent trading.
Price (SGD): S$0.25, Change: S$+0.010, Percent Change: +4.17%