Seatrium: Announces S$100 Million Share Buyback Programme.

29 Apr 2024 06:51

Seatrium Limited has established a S$100 million Share Buyback Programme. The Share Buyback Programme will allow Seatrium to purchase its shares via open market purchases. Funded out of existing cash, shares repurchased will be held as treasury shares which will in turn be deployed for the Group's existing employee share plans, used to pay the share component of the directors' fees, or cancelled against the Group's share capital to increase shareholder returns...

More information available here.

Source: ShareInvestor Express