Sarine Technologies (SGX:U77) repurchased 50,000 shares in the open market on Monday for SG$10,865, according to a Tuesday filing with the Singapore Exchange.
The chemicals company has been authorized to buy back 17.2 million shares under its current mandate. To date, it has bought back nearly 7.4 million shares.
Shares of the chemicals company were down over 2% in recent trading.
Price (SGD): S$0.22, Change: S$-0.0050, Percent Change: -2.27%
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.