United Overseas Bank (SGX:U11) bought back 300,000 shares for SG$10 million on Friday, according to a same-day filing with the Singapore Exchange.
The lender canceled 250,000 shares and kept 50,000 shares in the treasury.
The bank has been authorized to buy back about 83.7 million shares from its current mandate. To date, it has bought back 4.8 million shares.