Oversea-Chinese Banking Corp. or OCBC (SGX:O39) bought back 350,000 shares in the open market on Monday for around SG$6.0 million or SG$17.08 a piece, a filing with the Singapore Exchange.
The bank has been authorized to buy back 225.0 million shares under its current mandate. To date, it has repurchased about 17.8 million shares.