$Seatrium Ltd (5E2.SG)$ Seatrium (SGX:5E2) repurchased 1,104...
$Seatrium Ltd(5E2.SG$
Seatrium (SGX:5E2) repurchased 1,104,000 in the open market on Tuesday for SG$1.9 million or SG$1.7412 apiece, a filing with the Singapore Exchange said on the same day.
The company has been mandated to buy back 68.2 million shares. To date it has bought back 2.2 million shares.
Meaning the price won't go up until 68.2m shares are bought back.![]()
Seatrium (SGX:5E2) repurchased 1,104,000 in the open market on Tuesday for SG$1.9 million or SG$1.7412 apiece, a filing with the Singapore Exchange said on the same day.
The company has been mandated to buy back 68.2 million shares. To date it has bought back 2.2 million shares.
Meaning the price won't go up until 68.2m shares are bought back.
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When fear factors kick in and stocks are down, this is the chance and opportunities to earn.
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soyabean89 : they spend 3mill out of the promised 10mill for share buyback?
102881417 : One year on nothing has progressed . In fact got worse. No dividends plus down
TheTeh C : Buy back share should fly right?