China Sunsine (SGX:QES) bought back 100,000 shares in the open market on Thursday, for SG$40,548, or SG$0.405 apiece, according to a same day filing with the Singapore Exchange.
The company has been authorized to repurchase 95.7 million shares under its current mandate and has so far bought back around 3.7 million shares.
Shares of the company surged nearly 5% in recent trading.
Price (SGD): S$0.43, Change: S$+0.020, Percent Change: +4.94%
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