OCBC Utilizes Treasury Shares for Employee Share Schemes

MT Newswires

2024/11/25

Oversea-Chinese Banking (SGX:O39) disclosed the use of 75,642 treasury shares on Nov. 22 for its employee share schemes, according to a Friday filing with the Singapore Exchange.

Following the transaction, OCBC's treasury shares decreased to 15.65 million from 15.73 million, representing 0.3479% of its total outstanding listed shares, down from 0.3496%.

The value of the utilized treasury shares amounted to SG$1.02 million.

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