Seatrium (SGX:S51) repurchased 850,000 shares in the open market on Tuesday for nearly SG$2.0 million, or SG$2.3182 apiece, according to a Wednesday filing with the Singapore Exchange.
The ship repair company has been authorized to buy back 67.6 million shares under its current mandate. To date, it has bought back around 3.4 million shares.
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