Valuetronics (SGX:BN2) bought back 60,000 shares in the open market on Monday for SG$36,651 or SG$0.61 apiece, according to a same-day filing with the Singapore Exchange.
The e-commerce services provider has been authorized to buy back around 40.9 million shares under its current mandate and has so far bought back around 2.7 million shares.
Shares of the company rose 1% in recent trade,
Price (SGD): S$0.62, Change: S$+0.0050, Percent Change: +0.82%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.