United Overseas Bank (SGX:U11) bought back 100,000 shares for SG$3.7 million on Thursday, according to a same-day filing with the Singapore Exchange.
The lender canceled 50,000 shares and kept 50,000 shares in the treasury.
The bank has been authorized to buy back around 83.7 million shares from its current mandate. To date, it has bought back 3.7 million shares.
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.