Vibrant Group Buys Back More Shares; Stock Dives 16%

MT Newswires05-27

Vibrant Group (SGX:BIP) bought back a further 501,700 shares valued at about SG$36,340 in the open market on Friday, according to a filing with the Singapore Exchange on the same day.

The logistics company has so far repurchased some 15.8 million shares as per its existing mandate of up to 68.9 million shares, the filing said.

The company's shares plummeted past 16% in recent Monday trading.

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