- ST Engineering published its annual report covering shareholder matters for its upcoming AGM, including proposals to renew its Interested Person Transactions mandate and its share buyback mandate.
- Under the share buyback mandate, the company reported purchasing 8,000,000 shares via on-market transactions for a total consideration of SGD 68.9 million, with prices ranging from SGD 7.82 to SGD 9.98 per share.
- The renewed buyback authority would allow repurchases of up to 2% of issued shares, and the company said repurchased shares may be held as treasury shares for employee share schemes or cancelled.
- As of the latest practicable date cited in the report, Temasek’s interest was about 51.03% of issued shares, while about 48.61% was held by public shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ST - Singapore Technologies Engineering Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: D2PI6YQSW2NIFX3O) on March 24, 2026, and is solely responsible for the information contained therein.
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