Raffles Education (SGX:NR7) has utilized 2,815,000 treasury shares, valued at SG$124,986, to settle the share component of directors' fees for its non-executive directors.
The settlement pertains to the financial year ending June 30, 2024, a Tuesday Singapore bourse filing said.
Following the transaction, the number of treasury shares was reduced to 73,185,300 according to the filing.
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.