Singapore Technologies Engineering (SGX:S63) bought back 500,000 shares in the open market on Friday for SG$2.3 million, according to a same-day filing with the Singapore Exchange.
The shares were repurchased at SG$4.61 as the lowest per share price and SG$4.63 as the highest.
The company has been authorized to buy back 62.4 million shares under its current mandate. To date, it has bought back 6 million shares.