United Overseas Bank Buys Back, Cancels Shares Worth Over SG$9 Million

MT Newswires

2025/05/30

United Overseas Bank (SGX:U11) repurchased 255,000 shares in the open market on Wednesday for around SG$9.1 million, according to a same-day filing with the Singapore Exchange.

The Singapore-based lender canceled 155,000 shares while holding 100,000 shares as treasury stock.

The bank has been authorized to buy back about 83.5 million shares under its latest mandate. To date, it has bought back around 3.9 million shares.

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