Oversea-Chinese Banking Corp. or OCBC (SGX:O39) used 24,852 treasury shares worth around SG$359,599 for its employee share schemes, a Monday Singapore bourse filing said.
Following the transaction, the bank's treasury shares increased to 19.8 million, according to the lender.
Shares of the lender were up nearly 2% in recent trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.