Seatrium Buys Back More Shares; Shares Up 4%

MT Newswires

2024/12/26

Seatrium (SGX:S51) repurchased 1.0 million shares in the open market on Tuesday for SG$2.0 million, or SG$1.9611 apiece, according to a same-day filing with the Singapore Exchange.

The ship repair company has been authorized to buy back 68.2 million shares under its current mandate. To date, it has bought back around 24.0 million shares.

Shares of the company were up nearly 4% in recent trading.

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