ST Engineering (SGX:S63) bought back 1,000,000 shares in the open market on Tuesday for SG$6.5 million, according to a same-day filing with the Singapore Exchange.
The company has been authorized to buy back 62.4 million shares under its current mandate. To date, it has bought back 8.5 million shares.
ST Engineering jumps 4.5% at 10:50 am, Mar 20th.