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%
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.