Sembcorp Industries (SGX:U96) awarded 400,000 treasury shares on Friday under its 2020 Performance Share Plan, according to a same-day filing on the Singapore Exchange.
Following the transfer, the company's treasury shares decreased to 7.5 million from 7.9 million, representing 0.42% of outstanding shares, down from 0.44%.
The transferred shares were valued at SG$2.1 million.