ESR REIT (SGX:J91U) bought back and canceled 5 million shares in the open market on Tuesday for SG$1.1 million or SG$0.2099 apiece, a same-day filing with the Singapore bourse said.
The company has been authorized to buy back around 767.3 million shares under its current mandate. To date, it has repurchased around 69.3 million shares.
Shares of the REIT were up nearly 5% in recent trading.
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