As of April 6, the company has bought back a total of 5.83 million shares.
Hong Fok Corp has made a series of share buybacks in recent weeks. Meanwhile, joint CEO Cheong Sim Eng has raised his stake by buying shares from the open market.
In the latest transaction, Hong Fok on April 6 acquired 695,000 shares at between 88.5 cents and 89 cents each. Just a day earlier, the company had bought back 525,300 shares at 88 cents each.
