OCBC Buys Back Shares Worth SG$12.7 Million
Oversea-Chinese Banking Corp. or OCBC bought back 600,000 shares in the open market for SG$12.7 million or SG$21.11 apiece, according to a Tuesday filing with the Singapore Exchange.The bank has been authorized to buyback around 224.9 million shares from its existing mandate. To date, it has bought back over 19.5 million shares.