Oversea-Chinese Banking Corp. or OCBC (SGX:O39) bought back 600,000 shares in the open market for over SG$13.5 million or SG$22.39 apiece, according to a Wednesday filing with the Singapore Exchange.
The bank has been authorized to buy back around 224.9 million shares from its existing mandate. To date, it has bought back over 24.9 million shares.