First Resources (SGX:EB5) bought back 450,000 shares worth SG$615,574 in the open market on Thursday, according to a Singapore bourse filing on the same day.
The palm oil producer has so far purchased 4.7 million shares per an existing mandate covering up to 155.6 million shares, the filing said.
The company's shares added close to 2% in recent Friday trade.
Price (SGD): S$1.40, Change: S$+0.03, Percent Change: +2.19%
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