Reclaims Global Continues Share Buyback Programme with Acquisition of 1.2 Million Shares
Reclaims Global Limited (SGX: NEX) has announced the repurchase of an additional 1,200,000 ordinary sharesthrough a market acquisition on 2 November 2026, pursuant to its ongoing share buyback mandate.
Key highlights of the share buyback:
• Shares Repurchased: 1,200,000 ordinary shares acquired through a market transaction.
• Purchase Price: Between S$0.198 and S$0.205 per share.
• Total Consideration: S$244,658.74, including applicable transaction costs.
• Cumulative Shares Repurchased: A total of 13,097,300 shares, representing approximately 4.34% of the Company's issued shares (excluding treasury shares) as at the date of the share buyback resolution.
• Treasury Shares: All 1,200,000 shares purchased were retained as treasury shares, bringing the Company's total treasury shareholdings to 13,097,300 shares.
Following the latest transaction, Reclaims Global has 288,902,700 issued shares excluding treasury shares.
The latest acquisition marks a continuation of Reclaims Global's share buyback activities under its existing share purchase mandate.
See link for full announcement: https://links.sgx.com/1.0.0/corporate-announcements/25M5WUB0VYM6MRV6/661312e3d9c21d790a71f382e94297b4437b3fecb32610b322fc273d9e670d7b