$WILMAR INTERNATIONAL LIMITED(F34.SI)$just spent SGD$16,035,730.78 on share buy back earlier today for a total number of 3,626,600shares purchased. The highest price per share purchased was SGD$4.43 while the lowest price per share purchased was SGD$4.40
This is a positive news amidst the negative news surrounding Wilmar affiliate. Adani Wilmar which is a joint venture between India’s Adani Group and Singapore’s Wilmar International, reported a 25.62 per cent year-on-year decline in its consolidated net profit due to high expenses (up 40%).
Let's hope the momentum remain strong!
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