$WILMAR INTERNATIONAL LIMITED(F34.SI)$has conducted share buy back for two days in the row! Today they spent SGD7,914,816.78 for a total number of 1,800,800 shares purchased. The highest price per share purchased was SGD4.40 while the lowest price per share purchased was SGD4.38
Yesterday they spent SGD16,035,730.78 for a total number of 3,626,600 shares purchased. The maximum number of shares authorised for purchase is 630,122,460 shares, and the cumulative number of shares purchased to date by way of market acquisition is 5,427,400 (from the date on which share buy-back mandate is obtained).
As Warren Buffett said at Berkshire's annual shareholders meeting on Saturday - "If you do it at the right price, there's nothing better than buying back part of your own business." huat ah!
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